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Moving Cash Is Faster Than Ever. It Makes Bank Runs Hard To Stop.

Moving Cash Is Faster Than Ever. It Makes Bank Runs Hard To Stop.

FromThe NPR Politics Podcast


Moving Cash Is Faster Than Ever. It Makes Bank Runs Hard To Stop.

FromThe NPR Politics Podcast

ratings:
Length:
17 minutes
Released:
Mar 23, 2023
Format:
Podcast episode

Description

Top monetary officials including Federal Reserve chair Jerome Powell and Treasury Secretary Janet Yellen say things have stabilized in the two weeks since panicked depositors rapidly withdrew their money from Silicon Valley Bank and Signature Bank, causing both to fail. But on top of revisiting recently relaxed banking regulations, policy makers are pondering how to handle the risk of bank runs in the age of smartphone banking.This episode: White House correspondent Asma Khalid, chief economics correspondent Scott Horsley, and national political correspondent Mara Liasson.The podcast is produced by Elena Moore and Casey Morell. It is edited by Eric McDaniel. Our executive producer is Muthoni Muturi. Research and fact-checking by Devin Speak.Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Giveaway: npr.org/politicsplusgiveaway Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
Released:
Mar 23, 2023
Format:
Podcast episode

Titles in the series (100)

The NPR Politics Podcast is where NPR's political reporters talk to you like they talk to each other. With weekly roundups and quick takes on news of the day, you don't have to keep up with politics to know what's happening. You just have to keep up with us.