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Jill On Money
The Compound and Friends
The Fed's Appointee: Will Biden Tolerate Powell?
Jill on Money: Will Biden tolerate Powell with now jobless claims rising unemployment ticking up? It's going to make him look bad, even though that's the Fed's stated intention right now. What is your plan to keep large depositors from moving their funds out of community banks into the big banks? We have seen the mergers of banks over the past decade. I'm concerned you're about to accelerate that by encouraging anyone who has a large deposit in a community bank to say, we're not going to make you whole. But if you go to one of our preferred banks, we will make you whole at that point. That is happening right now.
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