Euro Bailout: Will Americans Be on the Hook to Cover Trillions in European Bank Debt?

by Daily Bell Staff
The Daily Bell

President Barack Obama and Federal Reserve Chair Janet Yellen discussed risks to the economy and progress from Wall Street reform during a rare meeting in the Oval Office on Monday, the White House said. -Reuters

The meetings going on in Washington DC have been the subject of much speculation in the alternative media, especially the one between Janet Yellen, President Obama and Vice President Biden.

Ostensibly, the meetings were to discuss the challenges facing the Fed and to allow Obama to express his appreciation for the job Yellen is doing.

After the meeting, a formal statement was issued, as follows:

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