High bankruptcy rate could put pressure on U.S. banks

Morning News

INDIANAPOLIS — The Federal Reserve announced a second round of stress tests on U.S. banks to see how they are handling the prolonged effects of the Coronavirus on the economy. 

2020 is likely to see the most bankruptcy filings since 2010 and it has the Fed concerned. 

Mike Reeves of Strategic Wealth Designers talks about the continued difficulty businesses have faced going through the pandemic.

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