Fed's Yellen says bank safety rules should be kept in place

Federal Reserve Chair Janet Yellen said on Wednesday that tough banking rules are protecting financial markets and should largely be held in place. Many of those rules were conceived after the 2008 financial crisis and require the largest firms on Wall Street to hold more capital against future losses. "We have reduced the odds that (a) systemically important firm could fail," Yellen said at a press conference to discuss monetary policy.