Treasury Secretary Janet Yellen on Wednesday said her agency hasn’t looked at expanding FDIC deposit insurance. Yellen is testifying in the Senate, where she...
Treasury Secretary Janet Yellen on Wednesday said her agency hasn’t looked at expanding FDIC deposit insurance.
Yellen is testifying in the Senate, where she was asked about reports that officials are studying ways to expand FDIC coverage to all deposits. “This not something we have looked at, it’s not something that we’re considering,” she said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury Secretary Yellen says the government could backstop more deposits if necessary to stop contagionTreasury Sec. Yellen is defending the government’s intervention in the financial system and suggesting it could provide further guarantees of deposits if the banking crisis worsens. kaylatausche reports.
Read more »
Treasury Secretary Janet Yellen says bank situation is ‘stabilizing’ and system is ‘sound’Treasury Secretary Janet Yellen is trying to project calm after regional bank failures, saying the U.S. banking system is “sound.”
Read more »
Treasury Secretary Yellen expresses confidence in banking industryIn an address to banking leaders on Tuesday, Treasury Secretary Janet Yellen said the U.S. was prepared for future banking rescues.
Read more »
Treasury Secretary Yellen Says the Government Could Backstop More DepositsTreasury Secretary Janet Yellen said that the government has the ability to provide additional backstops to uninsured deposits if the banking crisis worsens. In remarks prepared for a speech to the American Bankers Association, the former Federal Reserv...
Read more »
Watch live: Treasury Secretary Janet Yellen testifies at Senate hearingTreasury Secretary Janet Yellen is likely to face tough questions from senators about the federal response to two bank failures earlier this month.
Read more »
Treasury Explores Emergency Powers To Expand FDIC Coverage Amid Contagion Concerns, Report SaysThe move to expand FDIC protections to cover all deposits in U.S. banks is likely to face pushback from House Republicans.
Read more »