Watch CBS News

Silicon Valley Bank

cbsn-fusion-treasury-secretary-testifies-before-senate-panel-thumbnail-1802918-640x360.jpg

Yellen testifies on strength of banking system

Treasury Secretary Janet Yellen told a Senate hearing that the nation's banking system "remains sound" in the wake of the country's second largest bank collapse. And major banks committed $30 billion to shore up First Republic Bank. CBS News congressional correspondent Scott MacFarlane and CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan join "Red and Blue" to discuss the latest on the banking situation.

Show More
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.