Episode description
On Monday morning, the federal government took over a third failing bank — this time, First Republic.
Jeanna Smialek, an economy correspondent for The Times, discusses whether we are at the end of the banking crisis, or the start of a new phase of financial pain.
Guest: Jeanna Smialek, an economy correspondent for The New York Times.
Background reading:
- First Republic bank was seized by regulators and sold to JPMorgan Chase.
- Key takeaways from regulatory review of bank failures.
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