3min chapter

Forward Guidance cover image

The Return Of Bank Runs | Sheila Bair, Former FDIC Chair

Forward Guidance

CHAPTER

The Pressures on the FDIC to Not Press

I was surprised at the heavy involvement of the Biden administration with with SVP and Signature Bank. But I do think it's important for the Treasury, the Fed, everybody stand back and let the FDIC do their job. The confusion around uninsured deposits now is also a particular challenge because there were some statements made implying that you know, all uninsured deposits are going to be protected now.

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