And by informing citizens, it also helps to protect the integrity of elections and the health of democracy in the long term. In this way, watchdog journalism protects democracy on a day-to-day basis, calling out bad behavior when it happens. Jennifer, thank you so much for joining us and with that update.We rely on your support to keep politicians' bad behaviour in check I will have more on that and what he said about stablecoins and whether they should be designated as systemically risky in the second part of my interview with Chopra, which will air this afternoon at 4:30 PM.

JENNIFER SCHONBERGER: Chopra also weighed in on the CFPB's forthcoming report on big tech's online payment systems and how they use data. And in as much that the financial regulators need to take action, I think we have to seriously consider that. So, ultimately, there needs to be a look at resilience, but also financial stability. There is so much concentrated in a few major cloud providers. ROHIT CHOPRA: You really worry that if something were to happen, could it really take down a lot of core financial infrastructure? And what might be the consequences of that for the economy and society? You almost want to think about what if there was a major attack by a state or nonstate actor? What if there was some sort of outage? He says he's concerned banks' over-reliance on big tech's cloud service providers could pose risks if there are interruptions that could freeze the payment systems. Consumer Financial Protection Bureau Director Rohit Chopra told me in an exclusive interview on Friday that the Financial Stability Oversight Council, which he sits on, needs to seriously consider overseeing big tech. JENNIFER SCHONBERGER: Good morning, Rachelle.

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