Sheila Bair is the former chair of the FDIC where she was a central figure in decision making during the financial crisis in 2008. Preet and Bair discuss whether the defunct Silicon Valley Bank should have received a bailout from the government and why Bair believes the Federal Reserve should stop raising interest rates.
Stay Tuned in Brief is presented by CAFE and the Vox Media Podcast Network. Please write to us with your thoughts and questions at letters@cafe.com, or leave a voicemail at 669-247-7338.
References & Supplemental Materials:
- Sheila Bair, “US regulators are setting a dangerous precedent on Silicon Valley Bank,” Financial Times, 3/14/23
- Sheila Bair, “Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself,” Simon & Schuster, 2008
Listen to the new season of Up Against The Mob with Elie Honig.
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