2min chapter

Hidden Forces cover image

What the Bailout of SVB Means for the Fed's Fight Against Inflation | Steven Kelly

Hidden Forces

CHAPTER

The FDIC Is Standing Behind Uninsured Depositors

FDIC is standing behind uninsured depositors in SVB and in signature, both banks that it took over. The Fed has also backstoped the banking system writ large with a new term lending program. They're lending for up to a year against basically the face value of treasury securities and MBS.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode