Yellen Q&A
- "We can never be confident there won't be another financial crisis"
- We've put in place stronger capital rules
- Stress tests greatly improve risk management and capital planning
- Even if there is a very significant downturn in the economy, they will be able to lend
- It's important we maintain the improvements we've put in place
"Let me say what I should have said the first time," is how Yellen prefaced her comment. She was skewered for her comment last month on not seeing another crisis.
