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Don’t trust arsonist Janet Yellen to put out US banking fires

Por: New York Post Opinion March 31, 2023

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Treasury Secretary knows just what our ailing banking system needs: more regulation! It’s time “to repair the cracks in the regulatory perimeter that the recent shocks” (the collapse of Signature and ) “have revealed,” Yellen said Thursday.  Bushwah.  As early as 2019, SVB’s insufficient risk controls triggered alarm bells with examiners. Yet the San Francisco Fed, charged with supervising SVB, failed to act. Likely because the... + full article



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