Mar 22, 2023
Will recent bank failures affect debt ceiling talks?
Share Now on:
Plus, a lesson on voice memos vs. voicemails.
Following the failures of Silicon Valley Bank and Signature Bank, Treasury Secretary Janet Yellen told Congress the United States banking system is healthy — for now — but a debt limit breach would throw it back into chaos. One listener asked if the recent banking hubbub might get Congress to finally take action on the debt ceiling. We’ll get into it and answer more of your questions about what makes credit unions different from banks and why it’s so hard to turn office buildings into apartments. And, what’s in a Kai Ryssdal sandwich?
Here’s everything we talked about today:
- “Yellen: Debt limit breach would be ‘devastating’ for banks” from Roll Call
- “U.S. Treasury says record FDIC cash draw won’t affect debt ceiling ‘X-date'” from Reuters
- “U.S. government assures on bank deposits, but debt ceiling still looms” from Axios
- “Credit Unions vs. Banks: Which One Is the Best for You?” from Investopedia
- “Failed bank fallout could open doors for credit unions. Here’s what to know” from AZ Central
- “Can empty office space help solve the housing shortage?” from Marketplace
- “So You Want to Turn an Office Building Into a Home?” from The New York Times
- “Churches convert to rentals as young people leave the flock” from Marketplace
- “Why Office-to-Apartment Conversions are Likely a Fringe Trend at Best” from Moody’s Analytics
- Wax Paper sandwich shop’s website
Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].
