【Yellen Urges Incoming Trump Administration: Do Not Take Radical Measures to Disrupt Necessary Bank Regulation】Golden Financial reports that Reuters has disclosed an exclusive story, U.S. Treasury Secretary Yellen urged the incoming Trump administration on the 13th local time not to disrupt appropriate regulation of U.S. banks' capital levels, liquidity, and risk-taking, which are crucial for ensuring the health of the banking system. Reuters noted that Yellen has served as Treasury Secretary under the Biden administration since January 2021. She stated that the current regulatory system in the U.S. is not perfect, and seeking ways to reduce burdens is reasonable. However, she also warned that, given the history of bank failures triggering financial crises, radical measures should not be taken to disrupt necessary regulation. 'I don't want to say that what we have is absolutely sacred and inviolable or cannot be touched. But I don't think it has collapsed. We have a good system,' Yellen told Reuters. (Global Network)