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Janet Yellen Calls Emergency Meeting of Financial Stability Council Amid Bank Turmoil

Janet Yellen Calls Emergency Meeting of Financial Stability Council Amid Bank Turmoil
Treasury Secretary Janet Yellen at a House Ways and Means Committee hearing on Capitol Hill in Washington, on March 10, 2023. Drew Angerer/Getty Images
Andrew Moran
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Treasury Secretary Janet Yellen called an emergency meeting with top U.S. financial regulators.

Yellen will chair the closed-door Financial Stability Oversight Council (FSOC) meeting on Friday, the Treasury Department said in a statement. The Treasury did not provide any additional details regarding the closed meeting.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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