Todd Phillips on the Fracas at the FDIC

Todd Phillips, principal at Phillips Policy Consulting and former director of financial regulation and corporate governance at the Cato Institute, joins the Business Scholarship Podcast to discuss his essay The Fracas at the FDIC. In this essay Phillips examines a power struggle in late 2021 between the Federal Deposit Insurance Corporation board’s Republican chair and Democratic majority, including its implications for the possibility of fracases at the Federal Reserve’s Board of Governors.