We speak with Democratic Congressmember Ro Khanna about the collapse of Silicon Valley Bank and Signature Bank, regulating the banking sector, and how Federal Reserve interest rate hikes contributed to the banking crisis. Silicon Valley Bank was based in Khanna's district in California, and he has criticized fellow Democrats who supported a 2018 bill that weakened banking oversight for some banks. "We need to regulate large regional banks the same way that we regulate the Big Four banks," says Khanna. He also talks about growing concern from lawmakers about the social video app TikTok, the Biden administration's policy on Taiwan and Ukraine, and more.
Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. Our reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues.
On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events.
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