Government takes steps to shore up confidence after collapse of two banks sparks fears

Regional banks took a beating and suffered their deepest losses in years on the stock market Monday. It came after the government’s top financial authorities spent the weekend taking action to shore up confidence around the system after the failure of two major banks. Plenty of questions remain about the government’s action and the potential fallout. Economics Correspondent Paul Solman reports.

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6

Follow us:
TikTok: https://www.tiktok.com/@pbsnews
Twitter: http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour
Facebook: http://www.pbs.org/newshour

Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe

Leave your comment

Your email address will not be published. Required fields are marked *