Steven Kelly on the Silicon Valley Bank Collapse and Its Implications for Financial Policy
Macro Musings with David Beckworth
00:00
What Are the Options on the Table?
The Federal Reserve, FDIC and Treasury announced a plan to help Silicon Valley Bank. The bank was in receivership on Friday after being taken over by the FDIC. John Avlon: What were the possibilities before we knew what they were actually going to do Sunday evening? He says their authorities have been majorly curtailed since then.Avlon: They can no longer do anything for a single institution anymore.
Transcript
Play full episode
