Treasury Secretary Janet Yellen on whether U.S. might bailout banks again #shorts

Treasury Secretary Janet Yellen on whether U.S. might bailout banks again #shorts



Your counterpart in the United Kingdom has said that the government there has ruled out a bailout of the UK arm of Silicon Valley Bank. Have you also ruled out that kind of government intervention? Well, let me be clear that during the financial crisis, there were investors and owners of systemic large banks that were bailed out. And we're certainly not looking and the reforms that have been put in place means that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs.



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