Political Quotes

Janet Yellen: “Those who were responsible for the failure of a bank should not be profiting when stockholders and investors in the bank…”

On the recordMarch 21, 2023
Those who were responsible for the failure of a bank should not be profiting when stockholders and investors in the bank are taking--forced to take losses.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen emphasizes accountability for bank failures and profits.

Share

More from Janet Yellen

Jul 8, 2024

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

congress.gov
Apr 29, 2024

There will be a negotiation over what to do when these tax cuts expire.

congress.gov
Jun 3, 2024

We share the objective that you have which is to rid ourselves of dependence on China.

congress.gov
Jun 11, 2025

The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.

nbcnews.com

Other voices in this conversation