Treasury Secretary Janet Yellen has made an embarrassing and confusing flip-flop on which banks do and don’t get a lifeline, this time reassuring the world that the US financial system is stable thanks to the government’s reversal to protect even more uninsured deposits. In a speech before the American Bankers Association on Tuesday, Yellen said … Continue reading Nothing To See Here: Janet Yellen Reassures Everyone ‘The US Banking System Remains Sound’