News in Systemic Risk: Friday, March 17, 2023 (10:00 a.m. ET) March 17, 2023 Joint Statement regarding USD 30 billion in deposits into First Republic Bank (U.S. Treasury, Federal Reserve, FDIC, OCC) Testimony of Secretary of the Treasury Janet L. Yellen Before the Committee on Finance, U.S. Senate (U.S. Treasury) Monetary policy decisions (ECB) PBOC to Cut Required Reserve Ratio for Financial Institutions on March 27, 2023 (People's Bank of China) US banks tap $11.8 billion from new Fed facility (Central Banking) What are the systemic lessons of SVB? (Philip Turner; Central Banking)