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Treasury Secretary Yellen declares bank system sound, U.S. Bank provides $1 billion of $30 billion rescue package for First Republic Bank

The AP Reports:

WASHINGTON — Treasury Secretary Janet Yellen offered firm, upbeat reassurances to rattled bank depositors and investors Thursday, even as American financial institutions and European agencies ordered fresh rescue efforts following the second-largest bank collapse in U.S. history. Story Here

Minneapolis StarTrib reports:

U.S. Bank to the rescue! The Minneapolis-based bank is one of 11 that are part of the plan aimed at helping stabilize the banking sector

U.S. Bank provides $1 billion of $30 billion rescue package for First Republic Bank

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