This IS a heartening signal about the US Banks taking care of business….
“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” said a joint statement by Treasury Secretary Janet L. Yellen, Federal Reserve Chair Jerome H. Powell, Federal Deposit Insurance Corp. Chairman Martin J. Gruenberg and acting comptroller of the currency Michael J. Hsu…..
I’m sure these guys WILL make money on this….
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