CNBC Special: The Fed Decision 5/3/23

The Exchange goes on the road to Washington, D.C. ahead of the Federal Reserve’s interest rate decision.

Sen. John Kennedy joins Kelly and Tyler to discuss the economy, the banking industry, and the debt ceiling deadline.

David Wessel from the Brookings Institute says the big question is what the Fed will signal about June.

And Dan Clifton from Strategas has a closer look at the policy implications of the recent bank failures and a potential default.