All 34 big banks passed their Federal Reserve stress tests, which were implemented after the last financial crisis to test how these banks can withstand future disasters. Marketplace’s Marielle Segarra explains just how safe this should make us feel. And we explore the opposite end of the spectrum from America’s biggest banks — the world of those who are unbanked — with Lisa Servon, who worked as a check casher and payday lender to better understand the system.
All 34 big banks passed their Federal Reserve stress tests, which were implemented after the last financial crisis to test how these banks can withstand future disasters. Marketplace’s Marielle Segarra explains just how safe this should make us feel. And we explore the opposite end of the spectrum from America’s biggest banks — the world of those who are unbanked — with Lisa Servon, who worked as a check casher and payday lender to better understand the system.
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