Buiter: Don't blame the Fed for recent bank failures

Asher and Buiter discuss the U.S. banking system and the recent testimony of bank regulators on Capitol Hill.

Buiter: Don't blame the Fed for recent bank failures

Zain Asher speaks to Willem Buiter, former EBRD chief economist, as U.S. regulators testify at Capitol Hill.Buiter claims that the Volcker Rule could unintentionally result in higher lending rates.