Tag: Debt Ceiling

SEC’s Gensler Warns About ‘Lasting Effects’ of US Debt Default – Bloomberg

Securities and Exchange Commission Chair Gary Gensler on Wednesday warned that a failure by Democrats and Republicans in Washington to reach a deal on raising the US debt ceiling would impact trading, the ability of businesses to raise money, and investors. Gensler, a Democrat who was appointed by President Joe Biden, said the standoff has already affected short-dated US Treasury…

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