Oils Plunge Bleeding to Markets, Investors: Krosby

The transcript discusses the influence of central banks like the Fed and Mario Draghi on market sentiment, emphasizing the psychological impact of monetary policy. It explores the effects of declining oil prices on the US economy, highlighting potential layoffs in oil-dependent states and the overall positive impact on consumers. The conversation also touches on possible policy changes, such as increased gasoline taxes or bailouts for oil companies.

In what ways might the decline in oil prices influence government actions in Washington?

What are the two potential actions Congress might consider regarding oil companies as per the discussion?