The Fed's Bullard on the Impact of Banking Stress on the Economy

The flow of deposits from small banks to large banks, which we are concerned about, could lead to stress in additional regional banks. The problem with Wall Street is they've got too much probability on that branch and not enough probability on the other branch. I think they're going to reprice to the slow growth scenario. And then there is this situation with the US debt ceiling to consider in the political side too. Here's Republican Speaker Kevin McCarthy with Bloomberg News.