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CNN CNN This Morning June 4, 2024 10:24:00

Patrick mchenry, the congressman from north carolina, he is the chairman of the house financial services committee. im fascinated on his thoughts on this. he said this is the first twitter fueled bank run that weve seen. >> yeah. hes not wrong. thats what i think really got so many regulators so concerned. this spread so quickly here. what turned out -- at the base of it was sort of like banking 101 failure. they had the wrong duration of treasuries and they were called out. they were unable to ...
Patrick Mchenry House Financial Services Committee Bank Run North Carolina Banking System Moody S

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