PANews reported on March 31 that Warren Buffett warned he has begun to see signs of fragility in the financial system as the connections between the banking system and non-bank institutions become increasingly close. He stated that the stability of the financial system should be the Federal Reserve's top priority, noting that banks like JPMorgan Chase are key hubs in the economy, handling trillions of dollars in transactions daily. "They influence each other; if one has a problem, it can spread to others," Buffett said in an interview with CNBC on Tuesday. Investor sentiment has been impacted by a series of recent credit market defaults that have raised concerns about the balance sheets of banks and private lending funds. Buffett indicated that many investors may quickly withdraw their funds if market panic spreads.