Gary Cohn says the likely sale of First Republic “will be a much faster process” than the collapse of SVB

Gary Cohn, the former top economic adviser in the Trump White House who is now the vice chairman of IBM, tells “Face the Nation” that he believes the upcoming sale of troubled bank First Republic “will be a much faster process” than what happened. with Silicon Valley Bank. But he says this is a “seismic moment” for the American people and whether they trust their banks.