Treasury Sec. Janet Yellen puts doubt that smaller bank will get bailed out!
As Bank are collapsing the governments are shouting, "all is well!". But is all really well? In a recent Senate hearing, Treasury Secretary, Janet Yellen made some pretty scarry statements. Smaller Community Banks may very well be in trouble. Why no bailout for them?
Links:
https://cointelegraph.com/news/crypto-industry-braces-for-impact-with-silvergate-exit/amp
https://www.youtube.com/live/CX6O--sk48A?feature=share janet yellen senate hearing
janet yellen on community banks risk
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