Rodge Cohen Says 'Time to Put Down the Weapons' on Stimulus

The transcript discusses the transition to a Janet Yellen-led Treasury, the debate over stimulus sources, and the relationship between the Federal Reserve and the Treasury. It highlights consumer spending trends, the uneven economic recovery, and the Biden administration's focus on financial regulation, racial justice, and climate change. The Community Reinvestment Act and banking inclusivity are also discussed, along with concerns about financial stability and asset class volatility.

What role does the Community Reinvestment Act play in the discussion of banking regulation?

How does the text suggest addressing the needs of the underbanked and unbanked populations?

What concerns are raised regarding financial stability in the context of current asset classes?