On the recordMarch 22, 2023
It is important to be clear, shareholders and debt holders of the failed banks are not being protected by the government.
Source
congress.govIt is important to be clear, shareholders and debt holders of the failed banks are not being protected by the government.
Yellen clarifies that the government will not protect shareholders of failed banks.
Share & report
More from Janet Yellen
I think we gain and China gains from trade and investment that is as open as possible, and it would be disastrous for us to attempt to decouple from China.
We are concerned about China's role in the Caribbean and in Latin America more generally.
The fact that the dollar is used as a reserve currency and plays such a huge role in international transactions does enable our sanctions to be much more effective.
The president has made clear that he would veto the bill in the House that ties aid for Israel to cuts in funding for the Internal Revenue Service.