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On Monday morning, the federal government took over a third failing bank — this time, First Republic.
Jeanna Smialek, an economy correspondent for The Times, discusses whether we are at the end of the banking crisis or the start of a new phase of financial pain.
On today’s episode
Jeanna Smialek, an economy correspondent for The New York Times.
Background reading
First Republic bank was seized by regulators and sold to JPMorgan Chase.
Key takeaways from regulatory review of bank failures.
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We aim to make transcripts available the next workday after an episode’s publication. You can find them at the top of the page.
Jeanna Smialek contributed reporting.
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