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Where does banking oversight go from here?
Mar 14, 2023

Where does banking oversight go from here?

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Today, we'll look at the regulators involved in the banking blowup and chart where they can go from here. Plus, a quarterly report hints at how Federal Reserve policy may unfold.

Segments From this episode

Housing costs are a main reason inflation is still high

Mar 14, 2023
The cost of shelter is driving more than 70% of inflation right now, according to the Bureau of Labor Statistics. So what gives?
It can take a year or more for changes in housing costs to show up in inflation data.
Allison Dinner/Getty Images

Former Fed official who oversaw reforms sees "deep irony" after bank collapse

"We've just seen an uptick in moral hazard," Daniel Tarullo says of the U.S. government covering uninsured deposits.
"One of those pillars of Dodd-Frank — which is to let banks fail and people will have the right incentives — we just can't rely on that," said former Fed Governor Daniel Tarullo, seen above in 2014.
Win McNamee/Getty Images

Federal bank regulators are getting most of the attention, but states oversee banks too

Mar 14, 2023
The feds didn’t take possession of Silicon Valley Bank and Signature Bank. That was up to state regulators in California and New York.
Signature Bank and Silicon Valley Bank were state chartered, which is why state regulators stepped in first.
Spencer Platt/Getty Images

Financial meltdowns often spur changes to financial regulation. So where do we go from here?

Mar 14, 2023
Regulators didn't catch Silicon Valley Bank before it failed. What can they do to catch others?
The Federal Reserve Board announced yesterday that it’s going to review what happened with the Silicon Valley Bank closure. Time will tell if more regulations will be placed upon larger banks like SVB and if banks themselves will take a closer look at their own risk committees.
Alex Wong/Getty Images

Want to know which way Fed policy is headed? This quarterly report offers hints

Mar 14, 2023
The Summary of Economic Projections lays out what Fed leaders are thinking.
People wanting to understand the Fed's thinking may want to turn to the body's quarterly Summary of Economic Projections report.
Drew Angerer/Getty Images

How hides, tallow and rosin can help us understand where the economy is headed

Mar 14, 2023
An explanation of the CRB raw industrials spot price index, a “predictor” of macroeconomic trends.
Tannery students process the washed rawhide of a cow. Today, animal hides are used in the production of some food products, like wine.
Andreas Rentz/Getty Images

Music from the episode

El Otro Chile Portavoz, Stailok
Oh Devil Electric Guest
A Little Piano DJ Mitsu the Beats
Any Song ZICO
Brave New World The Foreign Exchange
Little Push Mocky, Liliana Andrade
September Mista Sinista

The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Sean McHenry Associate Producer
Andie Corban Associate Producer
Richard Cunningham Associate Producer