At a Senate Finance Committee hearing on Thursday, Sen. James Lankford (R-OK) questioned Sec. Janet Yellen about President Biden’s proposed budget.
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In a recent hearing, Senator James Lankford grilled Treasury Secretary Janet Yellen over the potential fallout from the bank bailouts initiated during the recent economic crisis. The senator’s question centered around what the plan was to prevent a similar crisis in the future.
Lankford, who serves as a member of the Senate Committee on Banking, Housing, and Urban Affairs, was relentless in his pursuit of answers from Yellen. The Texas lawmaker expressed his concern about the long-term repercussions of the bailout and stressed the need for a comprehensive plan to avert a similar situation in the future.
During the hearing, Senator Lankford raised pertinent questions about the impact of the bailout on future economic stability and the potential risks associated with the large-scale intervention in the financial sector. He emphasized the need for a clear plan to address these concerns and ensure that such drastic measures would not be necessary in the future.
Yellen, for her part, assured the committee that the Treasury Department was committed to implementing measures to prevent a future economic crisis of such magnitude. She highlighted the importance of implementing regulations to mitigate risks within the banking sector and bolstering the financial system’s resilience.
The exchange between Lankford and Yellen underscores the need for a comprehensive plan to address the fallout from the recent bank bailouts and prevent a similar crisis in the future. The senator’s pointed questions serve as a reminder of the critical importance of comprehensive and forward-thinking policies to safeguard the economy from potential future shocks.
The fallout from the bank bailouts has been a topic of concern for many policymakers and economists alike. The massive intervention in the banking sector raised questions about the sustainability of such measures and the long-term impact on the economy. Lankford’s interrogation of Yellen reflects the broader sentiment that a clear plan is needed to address these concerns and prevent future crises.
As we navigate the economic recovery from the recent crisis, it is crucial to have a well-defined plan to prevent such a scenario from occurring again. The exchange between Lankford and Yellen serves as a reminder of the need for proactive measures and vigilant oversight to ensure the stability of the financial system and the broader economy.
In conclusion, Senator Lankford’s probing questions about the fallout from the bank bailouts and the need for a clear plan to prevent a future economic crisis are a crucial part of the ongoing dialogue about financial stability. The exchange with Treasury Secretary Yellen underscores the importance of comprehensive and forward-thinking policies to safeguard the economy from potential future shocks. It is imperative that policymakers work towards a well-defined plan to address these concerns and prevent future crises from occurring.
Can she add two and two
I'm still confused as to how this woman is still employed.
Her nose is getting longer!
Ответ перед богом и честью быть человеком
Должен обязан держать и отвечать каждый человек
Ауу007
There isn't anything made in America anymore.
Why is everybody blaming the FED? It wasn't the FED who decided on stimulus checks, fiscal budget… Politicians on both sides are spending like there is no tomorrow because the more they spend the more kickbacks they get. Then the FED is expected clean up the mess. The corrupt government caused the problem.
YELLIN IS CLUELESS ABOUT BANKING INSURANCE
Sounds like a conrolled collapse of the monetary system. Totally amazing how many members of the 'Fake-Jew Financial Cartel' show up in the SVB and the FTX debacles.
Scary, Janet and Biden is trying to make a world order for banks. Lying is a solve all for this president and his friends have benefits.
I am a Conservative but Lankford is a shrill for big money. All banks guarantee accounts up to $250k, ALL BANKS. Nothing more no matter the size. Just because the big banks get bailed out, the individual investors are still only
Protected to $250k. The fact that Lankford is asking to bail out rich depositors moving large amounts of money over $250k around in their individual accounts to keep them from moving to big banks is a bunch of BS. These people/organizations should not get more than FDIC $250k like everyone else and eat the difference or use their own money to bail out the banks to keep the banks solvent.
There 1.7 trillion of losses sitting with banks. It’s not a problem until it is. Wait until that hits!!
How is this person even in office? 4:37
New insurance likely to emerge that protect the gap. The policy premium will protect liquid cash asserts and deposit of the deposit holder.
It is likely every year some bank may fail and depositors will….
Raising inflation is a great way to bankrupt borrowers and cease their assets. Rinse and repeat to concentrate wealth in the lenders
Do not fing bailout banks. Enough of this shit.
Her plan is to tank the economy.
2123 or 2223 year!
WTF IS GARY GENSLER
Wow perfect question s. Bravo.
How did Yellen get that job anyway????
So she talks directly t Biden. Wow
I told my Mom about this. She is furious!
Clearly she is in her position because she is sharing her time in dementia with Joe. Holy crap!
REALLY??????????!!!!!! YOU ARE IN CHARGE?????????????!!!!!!!
Surely putting this woman into the position that she finds herself in falls into the category of Elder Abuse? Shame on you USA Government! To see a woman who could be someone's grandmother humiliated like this is awful. I feel so sorry for her.
Such a brilliant speech to corral sheep into the big bank slaughter house, making the Central Bank Digital Currency system far easier for the globalist to implement.
The human species is inherently naive, and these sociopaths are leveraging human gullibility at warp speed!
You only get treated equally if you have enough money. SVB is a bank of rich people they don't care about most of the country.