Treasury boss Yellen to say US banking system ‘remains sound’ on Capitol Hill

Yellen will face a grilling from members of the Senate Finance Committee.

Yellen is set to tout the federal government’s “decisive and forceful” actions to shore up the banking sector while testifying before members of the Senate Finance Committee.

“This week’s actions demonstrate our resolute commitment to ensure that depositors’ savings remain safe,” Yellen added in the remarks.

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