Second biggest bank failure in U.S. history rattles financial markets
The Situation Room with Wolf Blitzer and Pamela Brown
00:00
Could This Bank Failure Be a Sign of Something Greater?
The banking system broadly is in good shape, says Mark O'Mara. The Silicon Valley bank's problems are very idiosyncratic to that part of the economy and not a sign of larger trouble. White House officials say they're happy with jobs numbers for last month; fear this will force Fed to raise rates faster.
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