What's Next After Silicon Valley Bank’s Collapse?
The Takeaway
English - March 15, 2023 16:00 - 13 minutes - 12.6 MB - ★★★★★ - 13 ratingsDaily News News Politics news politics radio national takeaway wnyc Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: An American Injustice: The Story of Darryl Hunt
Silicon Valley Bank’s collapse last week was the largest American bank failure since 2008, and sparked worldwide fear of broader economic impacts and drew comparisons to the 2008 financial crisis.
We talk to Aaron Klein, Senior economic studies fellow at The Brookings Institution, about what caused this mess with SVB, what federal regulators are doing now, and what this means for other banks, and the economy as a whole.