Yellen Says US Will Intervene If Needed to Protect Smaller Banks

Yellen says bank situation 'stabilizing,' system is 'sound'

Yellen, who made her remarks at the American Bankers Association, said that overall “the situation is stabilizing."

Yellen says bank situation 'stabilizing,' system is 'sound'

Yellen, who made her remarks at the American Bankers Association, said that overall “the situation is stabilizing."

Janet Yellen Says More Bank Bailouts Could Be on the Horizon - Tennessee Star

Treasury Secretary Janet Yellen said in remarks Tuesday that regulators may ensure all deposits at more banks following the Silicon Valley Bank (SVB) and Signature Bank depositor bailouts.

Yellen says bank situation stabilizing, different from 2008

WASHINGTON >> Treasury Secretary Janet Yellen projected calm today after recent regional bank collapses but told a gathering of bankers that additional rescue arrangements “could be warranted” if any new failures at smaller institutions jeopardize financial stability.

Yellen says bank situation 'stabilizing,' system is 'sound'

Yellen, who made her remarks at the American Bankers Association, said that overall “the situation is stabilizing."

Yellen says banking stabilizing, US may intervene more if needed

WASHINGTON - The US banking sector is "stabilizing" after the recent failures of Silicon Valley Bank and Signature Bank rattled the industry, Treasury Secretary Janet Yellen told a lenders' conference Tuesday, as leaders seek to calm global worries.