Is the Federal Government Coming to the Help of Investors?

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Sally Kohn: This is going to be very tough for the administration and for tech to message because already there's a lot of ill will against tech, Elon Musk, FTX, you name it. She says people who don't really look into the nuances of this can see the government just coming in and providing aid to rich people. Kohn: But I do think the extraordinary measures that the government made on Sunday night do fix the problem.

SVB’s collapse is the biggest bank failure since 2008. Insider’s Ben Bergman explains why the bank collapsed, why the Biden administration intervened, and what this means for the economy writ large.

This episode was produced by Avishay Artsy and Victoria Chamberlin, edited by Matt Collette and Amina Al-Sadi, fact-checked by Laura Bullard and Amanda Lewellyn, engineered by Paul Robert Mounsey and Patrick Boyd, and hosted by Noel King.

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