EPISODE · Apr 20, 2026 · 13 MIN
The Secretary of Everything
from Power Plays · host Podcaster
When Treasury Secretary Janet Yellen quietly rewrote the rules on who gets bailed out during a banking crisis, she didn't just save depositors—she fundamentally altered the social contract between government and capital. How one weekend phone call chain turned a mid-tier bank failure into a precedent that every future Treasury Secretary will have to live with. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
When Treasury Secretary Janet Yellen quietly rewrote the rules on who gets bailed out during a banking crisis, she didn't just save depositors—she fundamentally altered the social contract between government and capital. How one weekend phone call chain turned a mid-tier bank failure into a precedent that every future Treasury Secretary will have to live with.
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The Secretary of Everything
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