The threat of “moral hazard” post-SVB collapse
Mar 16, 2023

The threat of “moral hazard” post-SVB collapse

Part of the government's rescue actions amid the collapse of Silicon Valley Bank and Signature Bank was the establishment of a new Fed emergency lending program for banks in crisis. According to analyst Joseph Wang, the program could incentivize riskier behavior at banks. Credit Suisse, one of the world's largest banks, has been extended a lifeline by the Swiss central bank. And, Biden administration has proposed stricter standards to regulate so-called "forever chemicals" in drinking water.

Segments From this episode

Could the Fed's new emergency bank lending program encourage risky behavior?

The Fed's new program may incentivize banks to take more risks, says analyst Joseph Wang.
The Fed's freshly created Bank Term Funding Program could reduce the incentives for banks to follow good practices, says analyst Joseph Wang.
Mark Wilson/Getty Images

EPA proposes new limits on forever chemicals in drinking water

Mar 16, 2023
PFAS are linked to health issues including cancer. Critics are concerned about the costs of complying with the proposed standards.
The Environmental Protection Agency headquarters in Washington, D.C.
Justin Sullivan/Getty Images

Music from the episode

Coffee Cold Galt MacDermot

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Olie D'Albertanson Producer, BBC