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Published 1 year ago

U.S. regulators say banking system 'sound and resilient'

Summary by Ground News
The multi-regulator U.S. Financial Stability Oversight Council (FSOC) last met March 12. The meeting came as markets continued to seesaw amid concerns that a two-week-old banking crisis could worsen. Two prominent House of Representatives Republicans demanded Friday that Yellen provide them with additional information.

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