Federal Reserve poised to hike interest rates amid banking turmoil
The Federal Reserve is expected to announce another interest rate hike when it meets this week amid a crisis of confidence in the banking industry. The Federal Deposit Insurance Corporation announced over the weekend that it sold a huge portion of failed Signature Bank to Flagstar Bank. Axios managing editor for business and markets and CBS News contributor Javier E. David discusses with Anne-Marie Green and Vlad Duthiers.