WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen repeated on Thursday that she was prepared to take further actions to ensure that Americans’ bank deposits stay safe amid turmoil in the U.S. banking system.
“As I have said, we have used important tools to act quickly to prevent contagion. And they are tools we could use again,” Yellen said in prepared remarks to the U.S. House of Representatives Appropriations subcommittee hearing
“The strong actions we have taken ensure that Americans’ deposits are safe. Certainly, we would be prepared to take additional actions if warranted,” Yellen added.
(Reporting by David Lawder)
