Economy

Yellen rules out federal bailout for Silicon Valley Bank

By Ryan King
Published March 12, 2023 2:03pm ET
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Yellen rules out federal bailout for Silicon Valley Bank
Treasury Secretary Janet Yellen appeared to rule out a federal bailout for Silicon Valley Bank while underscoring that government officials have been scrambling to assist depositors. Silicon Valley Bank collapsed Friday following a run of the bank, prompting a takeover by federal regulators. Given the size of SVB, many have compared it to faltering banks […]

Treasury Secretary Janet Yellen appeared to rule out a federal bailout for Silicon Valley Bank while underscoring that government officials have been scrambling to assist depositors.

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Janet Yellen Silicon Valley Bank Treasury Department