First Republic Teeters, Wages Rise

Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Director David Chalian explains the latest on the economy and how the White House is reacting. Also, the latest federal numbers and what they say about the state of the economy.

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