Yellen: “More Bank Mergers Necessary” as Banks Lose Tens of $Billions in Deposits the Past Two Weeks

Yellen: “More Bank Mergers Necessary” as Banks Lose Tens of $Billions in Deposits the Past Two Weeks

SGT Report - 2023-05-21 - Original post - Cached copy

by Brian Shilhavy, Health Impact News: It appears that the Biden Administration is abandoning their rhetoric that “the banking system is fine.” CNN reported today that Treasury Secretary Janet Yellen met with CEOs of large banks yesterday and told them that “more bank mergers may be necessary.” New York (CNN) — During Thursday’s meeting with the […]

Subscribe to Yellen: “More Bank Mergers Necessary” as Banks Lose Tens of $Billions in Deposits the Past Two Weeks