US Debt Ceiling Explained: Why It Matters to Markets
The standoff over the US debt ceiling is an example of Washington dysfunction that could spill over into global financial markets. Bloomberg Quicktake’s Scarlet Fu explains what the debt ceiling is and why it matters. President Joe Biden and congressional Democrats will ultimately retreat from…
#bloombergquicktakes #scarletfu #democrats #treasurydepartment #treasury #janetyellen #republicans #kevinmccarthy #quicktakeexplained #bloombergquicktake
