“Rapid deterioration”: Moody’s cuts outlook for all U.S. banks

Sounding the alarm about America’s banks, Moody's downgrading its outlook for the entire banking sector warning of rapid deterioration. A senior chairman and former CEO of Goldman Sachs joins to discuss. Plus, a Russian fighter jet forces an American drone to crash into the Black Sea causing fears of growing escalation as the battle in Bakhmut intensifies further. Also, Florida Gov. Ron DeSantis does a complete 180, he now says backing Ukraine is not in America’s best interest. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices