The Fed's Stress Tests and Interest Rate Hikes

CNN's David Frum asks Larry Kogan what questions he would ask Treasury or White House officials if they were looking at the financial crisis. He also asked his friend, former Fed chief Dan Ruckelshaus, about interest rate hikes and stress tests. "I've heard it said that even in 2022, the Fed's stress tests that were applied to the largest banks did not include an analysis of the stress from a major interest rate hike," Ruckelshus says.