US Treasury Sec. Yellen: Banking system has stabilized in past few week – by MSalordFX UnitedStates Macroeconomics
igilant and monitor conditions closely. She spoke at the Financial Stability Oversight Council Meeting, which will vote on two proposals: a framework for financial stability risk identification, assessment, and response; and a interpretive guidance on nonbank financial company designations.“Last month, the government took necessary actions to decisively manage the fallout from the failure of two regional banking institutions.
“Still, these developments have reminded many of the fear and uncertainty that can accompany financial disruptions. For all in this room, I am certain that the developments underscored the importance of our work on financial stability: to continue to improve the resilience of a financial system that can support the economy through both good and bad times.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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