Yellen says U.S. would take ‘additional actions’ on bank system if necessary

Yellen tries to assuage investor fears as bank stocks slide

'The strong actions we have taken ensure that Americans’ deposits are safe. Certainly, we would be prepared to take additional actions if warranted,' says US Treasury Secretary Janet Yellen

Yellen: Wall Street ends higher as Yellen vows actions to safeguard deposits

Wall Street rebounded after US Treasury Secretary Janet Yellen reassured that measures would be taken to keep Americans' deposits safe, boosting growth shares in the Nasdaq. The Dow Jones Industrial Average rose 75.14 points, or 0.23%, to 32,105.25, the S&P 500 gained 11.75 points, or 0.30%, to 3,948.72 and the Nasdaq Composite added 117.44 points, or 1.01%, to 11,787.40.

Yellen tries to assuage fears as US bank stocks slide

US Treasury Secretary Janet Yellen has reiterated she is prepared to take further action to ensure Americans' deposits stay safe amid banking system turmoil.

Janet Yellen insists that taxpayers “will not assume losses from bankrupt banks”

The US Secretary of the Treasury says that the priority is to “protect the health” of the North American economy and to do whatever is necessary “to strengthen public confidence in the banking system”.

Yellen says US prepared to take more action to keep bank deposits safe

U.S. Treasury Secretary Janet Yellen reiterated on Thursday that she was prepared to take further action to ensure that Americans' bank deposits stay safe amid turmoil in the banking system.

Yellen says US prepared to take more action to keep bank deposits safe

Yellen says US prepared to take more action to keep bank deposits safe U.S. Treasury Secretary Janet Yellen reiterated on Thursday that she was prepared to take further action to ensure that Americans' bank deposits stay safe amid turmoil in the banking system. "As I have said, we have used important tools to act quickly to prevent contagion," Yellen said in remarks to the U.S. House of Representatives Appropriations subcommittee hearing."These…