JPMorgan buys First Republic Bank

Mike Armstrong and Marc Fandetti discuss First Republic Bank being seized by regulators and sold off to JPMorgan Chase. The Fed is set to raise interest rates to a 16-year high and debate a pause at their next meeting. The economic conditions heading into this week's Fed meeting signal what? The US dollar has fallen 8.6% from its peak in September, its the worst start of the year for the dollar since 2018. The debt-ceiling 'x-date' could be nearly upon us.