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Meet the Press

Interest rate hike 'shocked' the economy, contributing to bank failures, says former FDIC vice chair

Catch up with NBC News Clone on today's hot topic: Interest Rate Hike Shocked The Economy Contributing To Bank Failures Says Former Fdic Vice Chair 165540933568 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

07:43

After the collapse of the Silicon Valley Bank and Signature Bank, President Biden called on Congress to make it easier for regulators to hold failed banks accountable. Former Vice Chair of the FDIC Thomas Hoenig joined the Meet the Press NOW roundtable with his analysis.

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