SENATE QUESTIONS YELLEN ON BANK SECURITY (330pET)

Treasury Secretary Janet Yellen is on Capitol Hill Thursday, answering questions from the Senate Finance Committee on the health of America’s banking system. This after Credit Suisse, the Swiss National Bank, lost 30% of its value Wednesday, sending shockwaves through the global markets. Credit Suisse agreed to a $54-billion-dollar rescue loan from the Swiss Central Bank. Sec. Yellen’s testimony is expected to assure lawmakers and Americans that our country’s banking system “remains sound”. Ivan Rodriguez has hearing highlights and more in a 3:30p ET pkg with FREE custom audio tags.