‘Enforcement 40’ for 2020
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By Securities Docket on May 14, 2022, 10:24 am
U.S. Treasury Secretary Janet Yellen directly addressed the issue of both UST and tether “breaking the buck” this week. In a congressional hearing, Yellen said such assets don’t currently pose a systemic risk to financial stability — but suggested they eventually could. “I wouldn’t characterize it at this scale as a real threat to financial […]