On Monday, President Biden called on Congress and regulators to 'strengthen the rules for banks to make it less likely that this kind of bank failure will happen again.'

So the question I have here is, if the law had not-- let us not just do stress tests.

However, according to the Federal Highway Administration nearly 69,000 highway bridges--that is more than 1 out of every 10 highway bridges in the whole country--are currently classified as 'structurally deficient.'

In 2018 though, Trump's bank deregulation law and the door it opened for Fed Chair Powell to further hack away at the rules created an exception to annual Fed-administered stress tests.

So the question I have here is, if the law had not-- let us not just do stress tests.

Certainly, default would be catastrophic: according to a recent analysis, even a days-long debt ceiling breach would trigger a recession and cost nearly 1 million Americans their jobs.

House Republicans are holding the U.S. economy and millions of workers hostage by threatening not to raise the debt limit unless Democrats agree to massive cuts to critical government programs.

On Monday, President Biden called on Congress and regulators to 'strengthen the rules for banks to make it less likely that this kind of bank failure will happen again.'

But caving into Republican demands for massive cuts would be no less disastrous: austerity would trigger a year-long recession and put 2.6 million people out of work.

We need Federal funds.

However, according to the Federal Highway Administration nearly 69,000 highway bridges--that is more than 1 out of every 10 highway bridges in the whole country--are currently classified as 'structurally deficient.'