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CATEGORY: janet yellen svb


Mar 12, 2023 10:30

US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank

U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed at preventing the need for government bailouts. Government Not Considering a Bailout for SVB, [...]

The post US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank appeared first on Crypto Breaking News.

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