Bank Regulators on the Hot Seat, A Bank for Gen Z?, and Dethroning King Dollar 3/28/23

Bank regulators are in the crosshairs of lawmakers who want answers on Capitol Hill today. How could Silicon Valley and Signature Bank fail so fast? And could it happen again? We’ll bring you the latest developments, and get reaction from one expert who was a financial regulator during a previous crisis. Plus, Morgan Stanley is hailing Block’s Cash App as the place where Millennials & Gen Z do all of their banking. The analyst behind that call joins us to make his case. And, we’ll explain why the dollar losing its special reserve status would actually be a good thing.