About this episode
JPMorgan is advising First Republic on strategic alternatives, after JPM and 10 other banks announced a $30B deposit into the embattled bank. Treasury Secretary Janet Yellen lauded the move , but told lawmakers that the government would not refund all uninsured deposits for every bank that fails. The Federal Reserve begins a critical two-day policy meeting; former Fed Governor Kevin Warsh discusses the central bank’s options to hike, pause, or pivot, and he argues that a time-out is in order. High profile tweeters like Elon Musk and Bill Ackman are also weighing in . Plus, sports merchandising, betting, and collectibles company Fanatics has scored a new deal with the National Hockey League. NHL Commissioner Gary Bettman joins Fanatics CEO Michael Rubin to discuss the outfitting deal and the future of live sports. Spoiler: sports streaming isn’t off the table for Fanatics–at least in the long term. In this episode: Michael Rubin, @michaelrubin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.