www.npr.org
Open in
urlscan Pro
2a02:26f0:3500:595::1155
Public Scan
URL:
https://www.npr.org/2023/03/21/1165002188/what-banks-do-when-no-ones-watching
Submission: On March 23 via manual from US — Scanned from DE
Submission: On March 23 via manual from US — Scanned from DE
Form analysis
0 forms found in the DOMText Content
Accessibility links * Skip to main content * Keyboard shortcuts for audio player NPR 24 Hour Program StreamOn Air Now * Hourly News * Listen Live * Playlist * Open Navigation Menu * * * Sign In * NPR Shop * Donate > Close Navigation Menu * Home * News Expand/collapse submenu for News * National * World * Politics * Business * Health * Science * Climate * Race * Culture Expand/collapse submenu for Culture * Books * Movies * Television * Pop Culture * Food * Art & Design * Performing Arts * Life Kit * Music Expand/collapse submenu for Music * Tiny Desk * #NowPlaying * All Songs Considered * Music Features * Live Sessions * Podcasts & Shows Expand/collapse submenu for Podcasts & Shows Daily * Morning Edition * Weekend Edition Saturday * Weekend Edition Sunday * All Things Considered * Fresh Air * Up First Featured * Louder Than A Riot * It's Been a Minute * Life Kit * NPR's Book of the Day * More Podcasts & Shows * Search * Sign In * NPR Shop * * Tiny Desk * #NowPlaying * All Songs Considered * Music Features * Live Sessions * About NPR * Diversity * Organization * Support * Careers * Connect * Press * Ethics 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. NPR * subscribe to The Indicator from Planet Money podcast * * NPR One * Apple Podcasts * Spotify * Google Podcasts * Amazon Music * Amazon Alexa * RSS link THE INDICATOR FROM PLANET MONEY WHAT BANKS DO WHEN NO ONE'S WATCHING NPR * subscribe to The Indicator from Planet Money podcast * * NPR One * Apple Podcasts * Spotify * Google Podcasts * Amazon Music * Amazon Alexa * RSS link * Facebook * Twitter * Flipboard * Email March 21, 20237:08 PM ET By Wailin Wong , Darian Woods WHAT BANKS DO WHEN NO ONE'S WATCHING Listen· 8:538-Minute ListenPlaylist Toggle more options * Download * Embed Embed <iframe src="https://www.npr.org/player/embed/1165002188/1165122277" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> * Transcript Enlarge this image 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. * Facebook * Twitter * Flipboard * Email MORE STORIES FROM NPR BUSINESS WE GRADE FED CHAIR JEROME POWELL ECONOMY THE DEMISE OF CREDIT SUISSE ECONOMY BANKS GONE WILD: SVB, SIGNATURE AND MORAL HAZARD ECONOMY NEED WORKERS? WHY NOT CHARTER A PRIVATE JET? BUSINESS NEW DRUGS. CHEAPER DRUGS. WHY NOT BOTH? BUSINESS THE FED'S NEW DILEMMA: PROTECT BANKS OR FIGHT INFLATION? POPULAR ON NPR.ORG LAW GWYNETH PALTROW APPEARS IN A UTAH COURT FOR A TRIAL OVER A 2016 SKI CRASH HEALTH THE CDC IS INVESTIGATING RECALLED EYEDROPS AFTER INFECTIONS CAUSE DEATH AND BLINDNESS NATIONAL THE BODY OF A DENVER HIGH SCHOOL SHOOTING SUSPECT IS FOUND NEAR HIS CAR SCIENCE SCIENTISTS THINK THEY KNOW WHY INTERSTELLAR OBJECT 'OUMUAMUA MOVED SO STRANGELY NATIONAL THEY ESCAPED FROM JAIL USING A TOOTHBRUSH — THEN WERE CAPTURED AT AN IHOP LAW JACK DANIEL'S TELLS SUPREME COURT ITS BRAND IS HARMED BY DOG TOY BAD SPANIELS NPR EDITORS' PICKS POLITICS IT'S NOT JUST STORMY DANIELS. HERE ARE ONGOING CRIMINAL INVESTIGATIONS TRUMP FACES TECHNOLOGY IT TAKES A FEW DOLLARS AND 8 MINUTES TO CREATE A DEEPFAKE. AND THAT'S ONLY THE START RELIGION NOT EVEN WATER? AND OTHER THINGS NOT TO SAY TO YOUR MUSLIM FRIENDS DURING RAMADAN TECHNOLOGY THAT PANICKY CALL FROM A RELATIVE? IT COULD BE A THIEF USING A VOICE CLONE, FTC WARNS HEALTH IT'S NOT JUST ADDERALL: THE NUMBER OF DRUGS IN SHORT SUPPLY ROSE BY 30% LAST YEAR HEALTH CARE 80-HOUR WEEKS AND ROACHES NEAR YOUR COT? MORE MEDICAL RESIDENTS UNIONIZE READ & LISTEN * Home * News * Culture * Music * Podcasts & Shows CONNECT * Newsletters * Facebook * Twitter * Instagram * Press * Contact & Help ABOUT NPR * Overview * Diversity * Accessibility * Ethics * Finances * Public Editor * Corrections GET INVOLVED * Support Public Radio * Sponsor NPR * NPR Careers * NPR Shop * NPR Events * NPR Extra * Terms of Use * Privacy * Your Privacy Choices * Text Only * © 2023 npr Sponsor Message Become an NPR sponsor COOKIE CONSENT & SPONSORSHIP CHOICES We and our partners store and access information on your device, such as unique IDs in cookies to process personal data. You may accept and manage your choices at any time by clicking `Manage Preferences`, including your right to object where legitimate interest is relied upon. Your choices will be signaled to our partners and will not affect your browsing. By clicking “Accept All,” you agree to the use of cookies, similar tracking and storage technologies, and information about your device to enhance your viewing, listening and user experience, personalize content, personalize messages from NPR’s sponsors, provide social media features, and analyze NPR’s traffic. This information is shared with social media, sponsorship, analytics, and other vendors or service providers. WE AND OUR PARTNERS PROCESS DATA TO PROVIDE: Actively scan device characteristics for identification. Store and/or access information on a device. Personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (service providers or vendors) Accept All Reject All Manage Preferences MANAGE PREFERENCES We process your data to deliver content or advertisements and measure the delivery of such content or advertisements to extract insights about our website. We share this information with our partners on the basis of consent and legitimate interest. You may exercise your right to consent or object to a legitimate interest, based on a specific purpose below or at a partner level in the link under each purpose. These choices will be signaled to our vendors participating in the Transparency and Consent Framework. Allow All MANAGE CONSENT PREFERENCES STRICTLY NECESSARY OR ESSENTIAL COOKIES Always Active These cookies are essential to provide you with services available through the NPR Services and to enable you to use some of their features. These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually set in response to actions made by you that amount to a request for services, such as setting your privacy preferences, logging in, or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. Without these cookies, the services that you have asked for cannot be provided, and we only use these cookies to provide you with those services. Cookies Details PERFORMANCE AND ANALYTICS COOKIES Performance and Analytics Cookies These cookies are used to collect information about traffic to our Services and how users interact with the NPR Services. The information collected includes the number of visitors to the NPR Services, the websites that referred visitors to the NPR Services, the pages that they visited on the NPR Services, what time of day they visited the NPR Services, whether they have visited the NPR Services before, and other similar information. We use this information to help operate the NPR Services more efficiently, to gather broad demographic information and to monitor the level of activity on the NPR Services. NPR's third-party service providers that measure and analyze the use of the NPR Services for NPR also use their own cookies. NPR's third-party analytics service providers use cookies across multiple sites to collect visitor data (such as data related to age, gender and visitor interests). Cookies Details TARGETING AND SPONSOR COOKIES Targeting and Sponsor Cookies These cookies track your browsing habits or other information, such as location, to enable us to show sponsorship credits which are more likely to be of interest to you. These cookies use information about your browsing history to group you with other users who have similar interests. Based on that information, and with our permission, we and our sponsors can place cookies to enable us or our sponsors to show sponsorship credits and other messages that we think will be relevant to your interests while you are using third-party services. NPR works with third-party vendors that may serve sponsorship credits or other messages to you on other websites after you visit the NPR Services. These third-party vendors use their own cookies to recognize you as an NPR Services visitor and to serve you sponsorship credits or other messages on other websites that they believe you will find most relevant. If you do not allow these cookies, you may still receive sponsorship or marketing messages, but they may not be targeted to your interests. Cookies Details FUNCTIONAL COOKIES Functional Cookies These cookies allow NPR Services to remember choices you make when you use them, such as remembering your Member station preferences and remembering your account details. The purpose of these cookies is to provide you with a more personal experience and to avoid you having to re-enter your preferences every time you visit the NPR Services. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly. Cookies Details STORE AND/OR ACCESS INFORMATION ON A DEVICE Store and/or access information on a device Cookies, device identifiers, or other information can be stored or accessed on your device for the purposes presented to you. List of IAB Vendors | View Full Legal Text Opens in a new Tab PERSONALISED ADS AND CONTENT, AD AND CONTENT MEASUREMENT, AUDIENCE INSIGHTS AND PRODUCT DEVELOPMENT Personalised ads and content, ad and content measurement, audience insights and product development * SELECT BASIC ADS Switch Label Ads can be shown to you based on the content you’re viewing, the app you’re using, your approximate location, or your device type. Object to Legitimate Interests Remove Objection * CREATE A PERSONALISED ADS PROFILE Switch Label A profile can be built about you and your interests to show you personalised ads that are relevant to you. Object to Legitimate Interests Remove Objection * SELECT PERSONALISED ADS Switch Label Personalised ads can be shown to you based on a profile about you. Object to Legitimate Interests Remove Objection * CREATE A PERSONALISED CONTENT PROFILE Switch Label A profile can be built about you and your interests to show you personalised content that is relevant to you. Object to Legitimate Interests Remove Objection * SELECT PERSONALISED CONTENT Switch Label Personalised content can be shown to you based on a profile about you. Object to Legitimate Interests Remove Objection * MEASURE AD PERFORMANCE Switch Label The performance and effectiveness of ads that you see or interact with can be measured. Object to Legitimate Interests Remove Objection * MEASURE CONTENT PERFORMANCE Switch Label The performance and effectiveness of content that you see or interact with can be measured. Object to Legitimate Interests Remove Objection * APPLY MARKET RESEARCH TO GENERATE AUDIENCE INSIGHTS Switch Label Market research can be used to learn more about the audiences who visit sites/apps and view ads. Object to Legitimate Interests Remove Objection * DEVELOP AND IMPROVE PRODUCTS Switch Label Your data can be used to improve existing systems and software, and to develop new products Object to Legitimate Interests Remove Objection List of IAB Vendors | View Full Legal Text Opens in a new Tab ACTIVELY SCAN DEVICE CHARACTERISTICS FOR IDENTIFICATION Actively scan device characteristics for identification Your device can be identified based on a scan of your device's unique combination of characteristics. List of IAB Vendors | View Full Legal Text Opens in a new Tab ENSURE SECURITY, PREVENT FRAUD, AND DEBUG Always Active Your data can be used to monitor for and prevent fraudulent activity, and ensure systems and processes work properly and securely. List of IAB Vendors | View Full Legal Text Opens in a new Tab TECHNICALLY DELIVER ADS OR CONTENT Always Active Your device can receive and send information that allows you to see and interact with ads and content. List of IAB Vendors | View Full Legal Text Opens in a new Tab MATCH AND COMBINE OFFLINE DATA SOURCES Always Active Data from offline data sources can be combined with your online activity in support of one or more purposes List of IAB Vendors | View Full Legal Text Opens in a new Tab LINK DIFFERENT DEVICES Always Active Different devices can be determined as belonging to you or your household in support of one or more of purposes. List of IAB Vendors | View Full Legal Text Opens in a new Tab RECEIVE AND USE AUTOMATICALLY-SENT DEVICE CHARACTERISTICS FOR IDENTIFICATION Always Active Your device might be distinguished from other devices based on information it automatically sends, such as IP address or browser type. List of IAB Vendors | View Full Legal Text Opens in a new Tab Back Button PERFORMANCE COOKIES Search Icon Filter Icon Clear checkbox label label Apply Cancel Consent Leg.Interest checkbox label label checkbox label label checkbox label label * View Cookies * Name cookie name Reject All Confirm My Choices