Powell on the Hill, Regional Bank Reckoning, and Magnificent 7 Sell-Off 03/06/24

Federal Reserve Chairman Jay Powell is set to begin two days of testimony before Congress today. Former Fed Vice Chairman Roger Ferguson tees up the hearing. Plus, shares of New York Community Bank are coming off their lowest levels since 1996. Old National Bancorp CEO Jim Ryan describes the regional banking space. And, weakness in the Magnificent 7 is fueling a broader market sell-off. MRB Partners' Phillip Colmar and Payne Capital Management's Courtney Garcia explain.

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Worldwide Exchange delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversation with key leaders, analysis of business and investor trends, and impact across international markets.