Lever Time

The Bank Regulator Who Was Blocked for Being Right

Mar 22, 2023

49:46

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Highlights

AI Chapters

Episode notes

The Risks of Universal Deposit Insurance

05:02

The Role of the Fed in American Politics

04:39

The Importance of Regulators in the Financial System

04:56

Introduction

2min

Levertime's Producer Jared: How the Company Is Thriving

2min

David Saroda's Politics by Other Means

2min

The Lever's Reporting on the SVP Banking Crisis

2min

The Federal Reserve Chairman's Nomination to Be a Top Federal Bank Regulator Was Blocked

4min

The Importance of Regulators in the Financial System

5min

The Importance of Learning From the Crisis

1min

The Role of the Fed in American Politics

5min

The Risks of Universal Deposit Insurance

5min

10.

Universal Deposit Insurance and the Potential Downsides

4min

11.

The Counterfactual World of Regulation

3min

12.

What Congress Should Do to Change the Fed

4min

13.

The Fear of the Fed Chairman Being Too Responsive

5min

14.

The Standard Playbook: Who Should Be Held Accountable?

6min

This week, David Sirota delves into the bank panic of 2023 with Saule Omarova, a Cornell Law School professor whose nomination to be one of the government's top bank regulators was blocked due to her opposition to deregulation. She was right about everything, as it turns out. Also, Matt Stoller joins David to explore alternative methods for securing deposits and advocate for policy-makers to rethink their relationship to the Federal Reserve. (09:12)

Links:

Brian Stelter’s profile of David Sirota and The Lever in Airmail.
Last Friday’s live discussion with U.S. Rep. Ro Khanna (D-Calif.) on the SVB collapse.
Sign The Lever’s open letter to fire Jay Powell right now www.firepowell.com.

Find a transcript of this episode here.

If you'd like access to Lever Time Premium, which includes extended interviews and bonus content, head over to LeverNews.com to become a supporting subscriber.

If you’d like to leave a tip for The Lever, click the following link. It helps us do this kind of independent journalism. levernews.com/tipjar

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Lever Time

The Bank Regulator Who Was Blocked for Being Right

The Risks of Universal Deposit Insurance

The Role of the Fed in American Politics

The Importance of Regulators in the Financial System

Get the Snipdpodcast app

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Discoverhighlights

Save anymoment

Share& Export

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Get the Snipd
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