Yellen Says Banking System Healthy Despite Regional Woes

The transcript discusses the resilience of the banking sector, particularly regional banks, which have faced stress due to unique vulnerabilities like high uninsured deposits and mark-to-market losses. Despite these challenges, most banks maintain solid liquidity and are well-capitalized. The banking system is being closely monitored to ensure stability and manage potential failures.

What factors are contributing to the pressure on banks' stock prices?

What is the overall assessment of the banking system as mentioned in the text?