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Yellen to tell Congress US banking system 'remains sound'

ABC News
Summary
Nutrition label

70% Informative

Janet Yellen to testify before Senate Finance Committee on Thursday.

Yellen: U.S. banking system "remains sound" and Americans "can feel confident" about deposits.

She will be the first Biden administration official to face lawmakers over the decision to protect uninsured money at two failed banks.

Silicon Valley Bank, based in Santa Clara, California, failed after depositors rushed to withdraw money.

VR Score

79

Informative language

83

Neutral language

28

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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