Reuters exclusively reported that U.S. Treasury Secretary Janet Yellen urged the incoming Trump administration on the 13th local time not to interfere with the appropriate regulation of the capital levels, liquidity, and risk management of Banks, which are crucial for ensuring the health of the banking system. Reuters mentioned that Yellen has served as Treasury Secretary in the Biden administration since January 2021. She stated that the current regulatory system in the U.S. is not perfect, and seeking ways to reduce burdens is reasonable. However, she warned that, given the historical context of bank failures triggering financial crises, radical measures should not be taken to disrupt necessary regulations. "I don't want to say that what we have is absolutely sacred and inviolable or untouchable. But I don't think it has collapsed. We have a very good system," Yellen told Reuters. (Global Network)
耶伦敦促即将上任的特朗普政府:不要采取激进措施干扰必要的银行监管
Yellen urges the incoming Trump administration: do not take radical measures to interfere with necessary Banks regulation.
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