
Katie Porter: Taking Big Business to Task While Running for Dianne Feinstein’s Seat
On with Kara Swisher
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Examining the Banking Crisis: Failures and Lessons
This chapter provides a critical analysis of the recent banking crisis, focusing on the regulatory failures and miscalculations made by banks like SVB Bank in light of changing interest rates. It explores the impact of technology on depositor panic and discusses public perceptions of bank bailouts and deposit insurance. Additionally, it highlights the dynamics of the House of Representatives under Kevin McCarthy's leadership and the implications of corporate responsibility through the lens of a hypothetical bank teller's struggles.
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