So, Jeanna, another day, another bank failure. Today, I speak with my colleague, Jeanna Smialek, about whether we’re at the end of this banking crisis or the start of a new phase of financial pain. On Monday morning, the federal government took over a third failing bank, this time, First Republic. michael barbaroįrom “The New York Times,” I’m Michael Barbaro. Please review the episode audio before quoting from this transcript and email with any questions. While it has been reviewed by human transcribers, it may contain errors. This transcript was created using speech recognition software. Now What? The seizing of First Republic by regulators could signal the end of the banking crisis.
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