Regionals in Flux: Powell's Insights & the Small Bank Challenge

U.S. Federal Reserve Chairman Jerome Powell recently sat down for an interview with Scott Pelley on the hit CBS show “60 Minutes.” Below is a particular part of the interview that caught my eye:Pelley: The value of commercial office buildings all across the country is dropping as people work from home. Those buildings support the balance sheet of banks all across the country. What is the likelihood of another real estate-led banking crisis.Powell: I don’t think that that’s likely. So, what’s happening is, a ...