But just three days ago she said everything was fine!............................
Yeah, why would the public ever want to know about their money?
A distraction?
Or do they need a distraction?
Foreigners who sought the safety of American banks, laws and a constitution that protected property from government seizure are now withdrawing funds and placing them into other places including gold and silver. They have lost confidence in Biden’s America.
Here comes the CBDC Digital Currency... soon enough.
This is going to be a wild weekend, I think.
The Keystone Cops comes to mind. We’re f’d.
Did her printing presses break down? These nitwits want to PRINT money again to pay back money lost in bank failures. And what will that do to our national economy? I’m betting Freepers know, but its too bad our Treasury doesn’t.
How much is this bailout going to cost me? I’m just about done with my taxes. Can’t wait to see how much is going to bail out the banks.
Bank Holiday?
Just finished my taxes. Haven’t donated to the banks yet.
Following a disastrous (by design) rate hike by the Fed.
" Bloomberg just reported that Treasury Secretary Janet Yellen – who was singlehandedly responsible for stoking and restarting the bank crisis on Wednesday
which until that day was easing back, with her comments that nobody in charge was even talking about a uniform deposit insurance,
let alone working on one (Emphasis Mine)– will convene the heads of top US financial regulators Friday morning for a previously unscheduled meeting of the Financial Stability Oversight Council."
The meeting will be closed to the public, the Treasury Department said in a statement. The Treasury didn’t say what time the meeting would begin,
and it wasn’t immediately clear whether the council would issue a statement following the meeting."
The step comes as regulators continue efforts to instill calm in financial markets and among bank depositors following the recent failure of two mid-sized lenders in the US
and the near-collapse of banking giant Credit Suisse Group AG before its government-brokered takeover by rival UBS Group AG."
Nope. Captain Kangaroo lookalike Yellen is NOT trying to calm things down! She is doing the opposite, on purpose!
I’m sick of being ruled by these subversive twits!!
Closed to the public my ass!!
It’s not the Friday meetings that are scary. It’s the Saturday and Sunday meetings that ruin the party.
It is strange that a banking crisis has the oil price imploding. Poor thing just can’t catch a break.
Yellen doesn’t exactly inspire confidence.
Janet “inflation is transitory” Yellen.
...will convene the heads of top US financial regulators Friday morning for a previously unscheduled meeting of the Financial Stability Oversight Council....
Unscheduled. On a Friday. Wonder how many banks will get gobbled up over the weekend?