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Wholesale Inflation's Big Drop, Amazon CEO's Annual Letter to Shareholders 4/13/23

Squawk on the Street

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The Consequences of Not Doing Your Job

"We've had a huge number of bluffs and failures because someone didn't do the job," he says. "It just hit me like a ton of bricks... Consequences, that's what I want to see." The San Francisco Fed is doing an internal review at S.V.A., which will be announced in May. David Frum: We'll continue to ask whether there was enough oversight from the San Francisco Fed of Silicon Valley Bank.

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