Yellen says Treasury is ready to take ‘additional actions if warranted’ to stabilize banks
CNBC/Christina White/3-23-2023
“‘We have used important tools to act quickly to prevent contagion. And they are tools we could use again,’ Yellen said in written testimony before a House Appropriations subcommittee.”
USAGOLD note: That offer of support seems to leave a lot of wiggle room on the deposit limits debate. With the Fed’s unlimited, open-to-all credit facility in place, does it really matter?
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