Cryptopolitan
2023-03-21 18:51:24

US treasury secretary supports government measures to prevent further banks from collapse

Treasury secretary Janet Yellen said the federal government is willing to take action if required nearly two weeks after Silicon Valley Bank (SVB), Silvergate, and Signature collapsed. U.S. regulators started developing a strategy immediately after the banking crisis, during which Yellen initially declared that no rescue would be required. Instead, the authorities at SVB and … US treasury secretary supports government measures to prevent further banks from collapse Read More »

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