The Biden administration has called for a boost in funding for the Environmental Protection Agency in the wake of the derailment of a Norfolk Southern train in Ohio. The ask came in form of the president’s budget request to Congress, where it faces long odds in the divided legislature. Credit Suisse, the megabank that received a lifeline of over $50 billion this morning from the Swiss central bank, has been a risky institution for a long time, explains 7IM’s Ben Kumar. And, a look at how the latest economic data may influence the Fed’s upcoming rate decision.

Aired March 16, 2023

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