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The importance of bank examiners and why we may be running out of them. : The
Indicator from Planet Money Recent banking turmoil is shining a spotlight on the
people whose job it is to monitor banks themselves. Today, we examine the bank
examiners and learn why their job is so important for the banking sector. Plus,
a recent government report that shows they could be in short supply very soon.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to
Planet Money+ via Apple Podcasts or at plus.npr.org.
   
   
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THE INDICATOR FROM PLANET MONEY


WHAT BANKS DO WHEN NO ONE'S WATCHING

   
   
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March 21, 20237:08 PM ET

By 

Wailin Wong

, 

Darian Woods

WHAT BANKS DO WHEN NO ONE'S WATCHING

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NOAH BERGER/AFP via Getty Images

NOAH BERGER/AFP via Getty Images

The financial system is under stress, with several high-profile bank failures in
the last several weeks. These failures are putting the spotlight on bank
examiners: the people at government agencies who perform regular check-ups of
the country's financial institutions.

Today, we look at the job of bank examiners to understand what they do and what
can go wrong when there's not enough of them; which may be happening very soon
according to a recent government report.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.


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