A $20 billion last-minute deal has seen the U.S’ largest bank buy one of its competitors

 
The health of the U.S. banking system is crumbling.

A $20 billion last-minute deal has seen the U.S’ largest bank buy one of its competitors in the second-largest ever failure of an American bank.

It’s the third midsize bank to fail in less than two months.

Meanwhile, on a bigger note, there’s fears the U.S. could run out of money by the end of the month.

Christopher Uhl from 10minutestocktrader.com joined to discuss.