joining us now former fdic chair sheila bair.>> this is an interesting moment. good to have you with us for it. we've gone from the fed raising interest rates basically once a year and a couple times since the crisis to something now approaching normalcy. will we get back to the once per meeting of a decade-plus ago? >> you know, i don't know. i think they're going to be -- i take her at her word. i think they will be slow and steady. two more hikes probably in addition to this one this year. get it back up to 3% which is the historical norm. that will be good. i think this is the way to do it. i wish they did it earlier. they couldn't find a reason not to at this point. the economy -- it's reasonable. the growth is not robust but it's reasonable. unemployment looks good. inflation just shy of 2%. i'm glad they did. i hope they keep doing it. >> one beneficiary does appear. the recovering economy, the banking sector, people are quite positive on it. share moves have been extraordinary since the election and even going before that

he says to elizabeth warren or sheila bair, he says if you are part of the system within the system, can't criticize the system, you will be kicked out. on the outside, you can criticize it. only nobody will listen to you. i applaud larry for what he said. i can attest to the same thing. i have spoken to many ceo's. i think larry is outside of the system and he is voicing valid criticism and it is a key question. how should ceos react when they are being antagonized, blackmailed and intimidated? brian: what do you think? donald trump calls him into the white house? they sit around and talk into a microphone for a couple hours, come out and say it was great. what you think when you see that? if you are home watching television and you saw these very high position ceo's saying that the world is going to look good for the future? sandra: on the one hand, i am disappointed. i think it is easy to criticize them on the other hand. they are sometimes in more than 100 countries. they have unbelievable responsibilities. with this president who is very unpredictable, of course they have to tre