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Recession Coming This Summer and Will Last Through Mid-2024: Evercore Chairman

Transcripts for CNN Inside Politics With John King 20240604 16:32:00

so they are basically exposed to these interest rate hikes and the more depositors get worried, they could flee and create more stress like we saw. so as you watch this play out, elizabeth warren is among those watching this closely, worried about the banks. she thinks jpmorgan comes in and buys one of the banks under stress. she says that s a big bank getting even bigger and she thinks we have a lot of problems. we cannot be a country that just time after time rolls through another banking failure and nobody gets held accountable. not the ceos of these jientd banks and not the people in government who were responsible overall for how the government supervised and regulated these banks. is she right? any reason to believe given the politics of divided government that they will look at this and air their issues and nobody gets

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