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Music dot coin desk.com and join CoinDesk at Consensus 2023. Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts

remaking our world.

The breakdown is produced and distributed by CoinDesk.

What's going on, guys? It is Tuesday, March 21st, and today we are talking about potentially

the expansion of FDIC insurance. Before we get into that, however, if you are enjoying the breakdown,

please go subscribe to it, give it a rating, give it a review, or if you are enjoying the breakdown, please go subscribe

to it, give it a rating, give it a review, or if you want to dive deeper into the conversation,

come join us on the breakers discord. You can find a link in the show notes or go to bit.ly

slash breakdown pod. All right, friends, another day, another set of serious updates around

the global banking crisis. We start with First Republic, which had another

shocking day on Monday, with the stock price plummeting 47% to an all-time low. The stock was

halted nine times during its freefall and has now lost 90% of its equity value since the

beginning of March. First Republic has experienced a massive

...