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.
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congress.govThose 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.
Yellen emphasizes accountability for bank failures and profits.
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More from Janet Yellen
I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.
We share the objective that you have which is to rid ourselves of dependence on China.
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.