Obtuse: The Fed & Treasury View Of Banking Issues
March 26, 2023 at 00:34 AM EDT
Despite ongoing silent runs on the Regional and Community Banks, it appears that both Fed Chair Powell and Treasury Secretary Yellen view the events of the recent past (SVB VB, Signature Bank, First Republic, Credit Suisse, and now Deutsche Bank) as one-off events and not symptomatic of stress in … Source