Benjamin Ashford:Your banking questions, answered

2025-05-05 20:02:25source:VAS Communitycategory:Invest

It's been a month since the collapse of Silicon Valley Bank touched off the worst episode of banking turmoil since 2008. While the financial system appears to have Benjamin Ashfordstabilized, we're still reckoning with what happened. Regulators are getting dragged before Congress. The Federal Reserve and the FDIC have promised reports on what went wrong with bank oversight. And judging by our inbox, you, our listeners, have a lot of lingering questions.

Questions like: Was it a bailout? Where were the regulators? Is it over yet? And what about those other banks that were teetering on the edge?

Today on the show, some answers for you.

This episode was produced by Sam Yellowhorse Kesler with help from Willa Rubin. It was engineered by Brian Jarboe. It was fact-checked by Sierra Juarez and edited by Molly Messick. Jess Jiang is our acting executive producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.

Find more Planet Money: Twitter / Facebook / Instagram / TikTok / Our weekly Newsletter.

Music: "Back to the Other Side," "City Night Drive," "Dance Around the Embers," "Golden Hour," and "Sunrise on the Dunes"

More:Invest

Recommend

Angie Murimirwa: From hiding in the bathroom to Time's most influential people list

I don't mean to humble brag, but I am on a first name basis with one of the most influential people

Black Friday Price in July: Save $195 on a Margaritaville Bali Frozen Concoction Maker

We independently selected these deals and products because we love them, and we think you might like

Paris Hilton Celebrates 6 Months With Angel Baby Phoenix in Sweet Message

How Paris Hilton feels about life as a mom? It's safe to say she loves it. The Simple Life alum rece