WASHINGTON — Treasury Secretary Janet L. Yellen stated on Thursday that the nation’s banking system was sound and that the Biden administration was dedicated to making sure that American financial institution deposits have been secure.
Ms. Yellen’s feedback, in ready testimony forward of a Senate Finance Committee listening to, got here days after the Treasury secretary and different federal regulators moved to shore up the monetary system and comprise fallout from the collapse of Silicon Valley Financial institution.
On Sunday, the Federal…
