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Multimedia 

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Media Highlights TV • May 1, 2023 

# Mark A. Calabria discusses the failure of First Republic Bank and the health of the bank sector on CNBC’s *The Exchange*

##### Featuring 

[![Calabria Cropped](/sites/cato.org/files/styles/author_picture/public/2021-10/calabria-cropped.jpg?itok=5EpCNOFT)](/people/mark-calabria) 

##### [Mark A. Calabria](/people/mark-calabria)

Former Director, Federal Housing Finance Agency; Former Chief Economist, Vice President Mike Pence; Former Senior Advisor, Cato Institute

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](https://x.com/MarkCalabria) [ 

](mailto:mcalabria@cato.org)