© 2025 KUNR
Illustration of rolling hills with occasional trees and a radio tower.
Serving Northern Nevada and the Eastern Sierra
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Your gift to the station will go twice as far thanks to a generous matching grant from the Greg Nelson Trust.
Now is the time to act: Click here to donate to KUNR today. 🧡

Bank update: Yellen before Senate, possible rescue of First Republic Bank

Days after the government intervened in two bank failures, Treasury Secretary Janet Yellen told the Senate Finance Committee that the banking system is sound.

But as she was testifying, the Wall Street Journal and Bloomberg News reported that America’s biggest banks are mulling a rescue of First Republic Bank.

Here & Now‘s Scott Tong speaks with Jeanne Whalen, global business reporter for the The Washington Post about First Republic and other banking news of the day.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.