US BANKS LOOK HEALTHY TO BE ALLOWED TO PAY DIVIDENDS & REPURCHASE STOCK: JANET YELLEN

Highlights

• This comment from Yellen came during a second day of testimony in the US Congress, where she was accompanied by Federal Reserve Chair Jerome Powell

• Yellen said while she previously was against allowing banks to stock buybacks, but now financial institutions look healthier and should have some ability to, abiding by the rules, to make returns to shareholders

The banks in the United States a....