US Treasury Secretary Yellen rules out bailout for Silicon Valley Bank

US Treasury Secretary Yellen rules out bailout for Silicon Valley Bank

[ad_1] Washington: US Treasury Secretary Janet Yellen on Sunday said that the federal government will not provide a bailout for Silicon Valley Bank’s investors after the bank was abruptly shuttered, but said financial regulators are “concerned” about the impact to depositors and working to address their needs, media reports said. “During the financial crisis, there…

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