Bank failures and rescue test Yellen's decades of experience

Summary by Ground News

Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. She quickly turned to someone who had been through the fire before, and on a much larger scale: Hank Paulson. Perhaps no treasury secretary has come to the office with Yellen's ample resume.

Published 2 months ago

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Times of India

Bank failures and rescue test Yellen's decades of experience

US Treasury Secretary Janet Yellen called on the expertise of former Treasury Secretary Hank Paulson to address a banking crisis earlier this month. Yellen used her experience as former Federal Reserve chair and economist to assemble a range of players, including the heads of regulatory bodies, lawmakers and bank executives. Calming Republicans in Congress was also vital, as they were concerned that the actions would lead to increased regulation.

2 months ago·Mumbai, India

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Associated Press News

Bank failures and rescue test Yellen's decades of experience

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis. She

2 months ago·United States

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abc News

Bank failures and rescue test Yellen's decades of experience

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

2 months ago·United States

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Washington Times

Bank failures and rescue test Yellen’s decades of experience

Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy.

2 months ago·Washington, United States

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KRDO

Bank failures and rescue test Yellen's decades of experience

2 months ago·Colorado Springs, United States

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KIFI

Bank failures and rescue test Yellen's decades of experience

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. She quickly turned to someone who had been through the fire before, and on a much larger scale: Hank Paulson. Paulson, who ran the Treasury Department during the financial crisis in 2008, counseled immediate gove…

2 months ago·Idaho Falls, United States

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