First Republic's Failure Shows the Limits of Fed Bank Programs

<div data-pm-slice="1 1 []" data-en-clipboard="true">After an extended ordeal, beleaguered First Republic Bank has been seized and sold to JP Morgan Chase. NLW covers the build up, the specifics of the deal, and why the example of First Republic illustrates the limits of what the Fed can control.<br /> <br /> <p dir="ltr">Enjoying this content?</p> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">SUBSCRIBE to the Podcast: https://pod.link/1438693620</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Subscribeto the newsletter: https://breakdown.beehiiv.com/</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Join the discussion: https://discord.gg/VrKRrfKCz8</p> </li> </ul> <p dir="ltr">Follow on Twitter:</p> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">NLW: https://twitter.com/nlw</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Breakdown: https://twitter.com/BreakdownNLW</p> </li> </ul> <p dir="ltr">“The Breakdown” is written, produced and hosted by Nathaniel Whittemore aka NLW. Research is by Scott Hill. Editing is by Rob Mitchell and Kyle Barbour-Hoffman. Our theme music is “Countdown” by Neon Beach.</p> </div>