U.S. Treasury Secretary Janet Yellen on Friday urged the incoming Trump administration to refrain from interfering with what she called critically important appropriate regulation of American banks' capital levels,

U.S. Treasury Secretary Janet Yellen has a message for President-elect Donald Trump: back off from meddling in the regulation of the American banking system. She called out Trump’s transition team for reportedly eyeing drastic cuts or mergers in Washington’s top financial oversight agencies.

Outgoing Treasury Secretary Janet Yellen cautioned the incoming Trump administration against deregulation of banks. She emphasized the importance of current regulations for capital, liquidity, and risk management,

U.S. Treasury Secretary Janet Yellen warned the incoming Trump administration against interfering with bank oversight, stressing its role in safeguarding financial stability, according to a media report released on Friday.