The Federal Reserve's new Bank Term Funding facility and discount window lending are working to provide
"Similar actions to protect depositors could be warranted if smaller institutions suffer deposit runs that pose risk of contagion." "A dynamic and diverse banking system - with large, mid-sized and small banks - is critical to the US economy."stays on the back foot following these comments and was last seen losing 0.2% on the day at 103.10.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Source: Financial Digest (financialdigest.net)
eren_fxstreet Does liquidity matter more than what Us Regulators use to do ....
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FLASHBACK: Treasury Sec. Yellen didn't 'believe' she’d see another financial crisis in her lifetimeTreasury Secretary Janet Yellen in 2017 remarked that she did not believe another financial crisis like the 2008 crash and Great Recession would happen again in our lifetime. Dems created this crises Look how old all the government workers are. No wonder the country is shit. You guys repeat for the lemmings , Boring, Report on Abby Grossberg. That’s a story!
Source: FoxNews - 🏆 9. / 87 Read more »
Yellen says U.S. banks ‘stabilizing’ after emergency actions by Treasury, regulatorsTreasury Secretary Janet Yellen says the U.S. banking system is “stabilizing” after the failure of two banks and the rescue of a third institution led to concerns of a broader crisis in the industry. What a joke Of course she says that. Don’t trust anyone who looks like a mushroom 🍄
Source: WashTimes - 🏆 235. / 63 Read more »
Signature Bank taken over by Michigan-based Flagstar Bank after failureTreasury Secretary Janet Yellen has said the banking system 'remains sound' despite the recent bank failures.
Source: Newsweek - 🏆 468. / 52 Read more »
Janet Yellen is selling bank crisis short as execs fear dozens more teeter on brinkThe ill-fated Silicon Valley, Signature banks, and today’s latest headache, First Republic, are the festering sores that signal an even greater degree of banking rot. You set a precedence Joe next bank that fails you have to BAIL THEM OUT TOO with OUR TAX DOLLARS of course WE HAVE NOTHING TO FEAR BUT FEAR ITSELF is a phrase from US President Franklin D. Roosevelt’s first inauguration speech March 4, 1933. By March 1933, depositors had seen $140 billion disappear when their banks failed. The Banking Act of 1933 set up FDIC to insure bank deposits.
Source: nypost - 🏆 91. / 67 Read more »
US and Beijing in talks over Yellen and Raimondo trip to ChinaThe Biden administration and Chinese Communist Party officials are discussing a possible trip by two Cabinet secretaries to China.
Source: dcexaminer - 🏆 6. / 94 Read more »
Yellen to say bank 'situation is stabilizing,' smaller banks play important roleTreasury Secretary Yellen plans to say Tuesday that “the situation is stabilizing and the U.S. banking system remains sound,” according to excerpts of prepared remarks. Our Treasury Secretary is back from Ukraine? So more lies. Bridge in Brooklyn for sale. Real cheap.
Source: ABC - 🏆 471. / 51 Read more »