Sheila Bair discusses bank exec testimonies, banking shorts, Fed rate hikes, debt ceiling talks

Sheila Bair discusses bank exec testimonies, banking shorts, Fed rate hikes, debt ceiling talks

Sheila Bair, Former FDIC Chair and Senior Fellow to the Center for Financial Stability, discusses bank executives' testimonies and reasons behind the regional banking failures, including interest rate risk management, the role of social media, and deposit runs.