Biden Admin Scrambles to Contain Bank Collapses

Published: March 13, 2023, 8:38 p.m.

b'President Joe Biden laid out how his administration is trying to contain the fallout from two banks\\u2019 collapses. CNN Political Director David Chalian explains what the Biden administration is doing, and why this scenario differs from the 2008 financial crisis. This has prompted a debate in Washington and beyond over bank bailouts and regulation.\\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'