Rep. Ritchie Torres, Jena Griswold & Jeet Heer
Fast Politics with Molly Jong-Fast
00:00
The Fed and Silicon Valley Bank
The CEO of Silicon Valley Bank sat on the board of the Federal Reserve of San Francisco, which is his regulator. Obama: "That to me is suggestive of an incestuous relationship that undermines regulation" The Fed should expand its mandate to include financial stability, he says.
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