When the Federal Deposit Insurance Corporation (FDIC) meets later today, it will have to address a key question raised by the tide of bank failures: will the the government agency run out of money? And what can they do about it? We speak with Louise Story, finance reporter for The New York Times.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!