About this episode
At the end of a tumultuous week for U.S. banks, former FDIC Chair Sheila Bair tells Wall Street Journal Editor at Large Gerry Baker on this episode of Free Expression why the feds were wrong to rescue Silicon Valley Bank’s depositors and how the bailout may make things worse for the U.S. financial system. She also warns that the Federal Reserve should pause its interest rate increases next week or risk tipping the economy into a deeper crisis.
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