Thursday, March 16, 2023

US Treasury Secretary reassures public following SVB collapse

US Treasury Secretary Janet Yellen is reassuring Americans that the US
banking system is sound - and that their deposits are safe.

She's testifying before the Senate Banking committee - in the wake of
the collapse of Silicon Valley Bank and Signature Bank - the worst US
banking failures since the financial crisis of 2008.

Yellen reiterated that no taxpayer money was used to shore up the banks.

IN: "This week.."
OUT: "...need them."
DUR: 36 seconds

http://fsnradionews.com/feeds/0316yellen.mp3