READOUT: Secretary of the Treasury Janet L. Yellen Convenes Financial Regulators
U.S. Department of the Treasury sent this bulletin at 03/10/2023 02:32 PM EST
U.S. Department of the Treasury
Office of Public Affairs
Press Release: FOR IMMEDIATE RELEASE
March 10, 2023
Contact: Treasury Public Affairs; Press@Treasury.gov
READOUT: Secretary of the Treasury Janet L. Yellen Convenes Financial Regulators
WASHINGTON - Today, Secretary of the Treasury Janet L. Yellen convened leaders from the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency to discuss developments around Silicon Valley Bank. Secretary Yellen expressed full confidence in banking regulators to take appropriate actions in response and noted that the banking system remains resilient and regulators have effective tools to address this type of event.
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