Timothy Sumer

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Days after the collapse of Silicon Valley Bank and Signature Bank, there are plenty of questions being asked about the health of banks in the U.S. Sheila Bair served as the chair of the FDIC from 2006 to 2011 and worked to keep the system stable during the Great Recession. She joined Geoff Bennett to discuss the current situation surrounding banks and inflation. Stream your PBS favorites with the PBS app: Find more from PBS NewsHour at Subscribe to our YouTube channel: Follow us: TikTok: Twitter: Instagram: Facebook: Subscribe: PBS NewsHour podcasts: Newsletters: ... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing High inflation has been a persistent problem for the Federal Reserve in recent years, making the central bank's job of responding to bank failures even more difficult. The rise in prices of go...