From Washington: Former Chair of FDIC Addresses Bank Failures

The collapse of Silicon Valley Bank and Signature Bank is raising concerns from depositors across the nation, leaving Americans uneasy about the origins and the implications of these crashes. Former Chair of the Federal Deposit Insurance Corporation Sheila Bair discusses the state of security within the American banking system and whether these bank failures reveal a systemic issue. Violence at the U.S. southern border has been a top concern among lawmakers after a Mexican cartel kidnapped four Americans and killed two. There's been a push among some congressional Republicans to designate Mexican drug traffickers and cartels as terrorist organizations. The White House has opposed this designation, saying that sanctions placed on cartels by the Treasury Department have been effective. Vice Chair on the House Committee on Homeland Security Rep. Michael Guest (R-MS) discusses what actions are being taken by Congress to address cartel violence and the next steps that Homeland Security will take to secure the border. Learn more about your ad choices. Visit megaphone.fm/adchoices