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.

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Credit Suisse saved by Swiss creditors

The BBC’s Leanna Byrne reports on the latest developments at the embattled bank.

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Banks in Turmoil

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

by David Brancaccio , Erika Soderstrom and Jarrett Dang

Mar 16, 2023

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

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EPA proposes new limits on forever chemicals in drinking water

by Lily Jamali

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

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Music from the episode

Coffee Cold Galt MacDermot

The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Jarrett Dang Digital Producer (gone fishing)

Jesson Duller Media Producer

Brian Allison Technical Director

Nick Esposito Media Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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