Press Release

March 19, 2023 Statement by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell For release at 4:00 p.m. EDT Share The following statement was released by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell: "We welcome the announcements by the Swiss authorities today to support financial stability. The capital and liquidity positions of the U.S. banking system are strong, and the U.S. financial system is resilient. We have been in close contact with our international counterparts to support their implementation."

Federal Reserve (2023, March 18). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20230319_statement_by_secretary_of_the_treasury_janet_l

@misc{wtfs_press_release_20230319_statement_by_secretary_of_the_treasury_janet_l,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2023},
  month = {Mar},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20230319_statement_by_secretary_of_the_treasury_janet_l},
  note = {Retrieved via When the Fed Speaks corpus}
}