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Biden & Federal Reserve scramble to contain damage after two banks fail

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Manage episode 357885026 series 2875701
Innhold levert av CNN. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CNN eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The Federal Reserve announced it’s launching a review of the supervision and regulation of Silicon Valley Bank after it collapsed last week. It was the second-largest failure of a financial institution in U.S. history. U.S. regulators also shut down Signature Bank and investors are worried it could spark a broader banking meltdown. President Biden told Americans on Monday that the U.S. banking system remains “safe.” Larry Summers is a former U.S. Treasury Secretary during the Clinton White House and the former Director of the White House National Economic Council during the Obama administration. He tells Anderson Cooper whether he thinks the country is “out of the woods” yet.

Plus, bestselling author Jodi Picoult is speaking out after local media published a list of books that were removed from school libraries in Martin County, Florida, including 20 of her books.

To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

1206 episoder

Artwork
iconDel
 
Manage episode 357885026 series 2875701
Innhold levert av CNN. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CNN eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The Federal Reserve announced it’s launching a review of the supervision and regulation of Silicon Valley Bank after it collapsed last week. It was the second-largest failure of a financial institution in U.S. history. U.S. regulators also shut down Signature Bank and investors are worried it could spark a broader banking meltdown. President Biden told Americans on Monday that the U.S. banking system remains “safe.” Larry Summers is a former U.S. Treasury Secretary during the Clinton White House and the former Director of the White House National Economic Council during the Obama administration. He tells Anderson Cooper whether he thinks the country is “out of the woods” yet.

Plus, bestselling author Jodi Picoult is speaking out after local media published a list of books that were removed from school libraries in Martin County, Florida, including 20 of her books.

To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

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