Episode Details
Back to EpisodesThe Bank Collapse just got worse, Feds panicking over bank runs | Redacted with Clayton Morris
Published 2 years, 10 months ago
Description
This morning the second largest bank collapse in American history took place as the Biden administration seized First Republic Bank. JP Morgan Chase Bank swooped in to assume all of the deposits for insured and uninsured accounts. Once again the big banks get bigger with the help of the federal government.