Treasury Secretary Janet Yellen on Capitol Hill this week. Photo: Valerie Plesch/Bloomberg via Getty Images
She discusses the risks to the banking system in the aftermath of the Silicon Valley bank Failure, and said it is "important that we reexamine whether our current supervisory and regulatory regimes are adequate for the risks that banks face today."Money market funds "If there is any place where the vulnerabilities of the system to runs and fire sales have been clear-cut, it is money market funds," Yellen will say.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
Key word is “talk” the rest is just bull 💩
More banking regulator mishmosh on how money market mutual funds are more risky and less liquid than bank accounts, which as the data shows is patently false. See SVB.