2min chapter

Fareed Zakaria GPS cover image

Jon Stewart on the current political climate; Xi Jinping's visit to Russia; the Fed's dilemma

Fareed Zakaria GPS

CHAPTER

The Fed's Role in Avoiding a Banking Crisis

Neil Ferguson: The Fed doesn't want to have a generalized banking crisis. He says Congress needs to give it the green light to reassure uninsured depositors with large deposits at medium-sized banks. "I think this is not just a job for Jay Powell. It's also a job for Janet Yellen," he says.

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