(Crankers) Kayleigh McEnany shows everyone the ‘crazy’ admission by Janet Yellen
‘Outnumbered’ panelists weigh in after Treasury Secretary Janet Yellen claimed the U.S. banking system is ‘solid’ after the collapse of Silicon Valley Bank. USA Today wrote:
Despite banking industry turmoil following Silicon Valley Bank’s collapse, Treasury Secretary Janet Yellen told lawmakers Thursday that the banking system “remains sound” and depositors’ savings “remain safe.“I can assure the members of this Committee that our banking system remains sound, and that Americans can feel confident that their deposits will be there when they need them,” Yellen said in prepared testimony before the Senate Finance Committee.Citing the steps regulators took in response to Silicon Valley Bank’s (SVB) failure, she added, “This week’s actions demonstrate our resolute commitment to ensure that depositors savings remain safe.”