JPMorgan Chase CEO Jamie Dimon Says They Are Getting Ready For A 'Potentially Catastrophic' US Credit Default - Hallo friend US WORD ARMY, In the article you read this time with the title JPMorgan Chase CEO Jamie Dimon Says They Are Getting Ready For A 'Potentially Catastrophic' US Credit Default, we have prepared well for this article you read and download the information therein. hopefully fill posts Items AIR FORCE, Items ARMY, Items INTELLIGENCE, Items NAVY, Items SPECIAL FORCES, we write this you can understand. Well, happy reading.

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Title : JPMorgan Chase CEO Jamie Dimon Says They Are Getting Ready For A 'Potentially Catastrophic' US Credit Default
link : JPMorgan Chase CEO Jamie Dimon Says They Are Getting Ready For A 'Potentially Catastrophic' US Credit Default

JPMorgan Chase CEO Jamie Dimon Says They Are Getting Ready For A 'Potentially Catastrophic' US Credit Default

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Senators fail to pass the government funding bill on September 27, 2021  

Daily Mail: JPMorgan Chase boss Jamie Dimon says the bank is preparing for a 'potentially catastrophic' federal default on October 18 if Congress fails to raise the debt ceiling while passing Biden's $3.5T spending bill 

* Chase CEO Jamie Dimon said Tuesday the bank is preparing for US credit default 

* Government funding will expire unless Democrats resolve internal disputes 

* Treasury says default will occur by October 18 unless borrowing limit is raised 

* Biden faces two holdout Democrat senators who want cuts to his spending plan 

* Dimon says he expects policymakers to find a solution as they have in the past 

JPMorgan Chase has begun preparing for the possibility of the United States hitting its debt limit, CEO Jamie Dimon told Reuters on Tuesday, adding he nevertheless expected policymakers to find a solution to avoid that 'potentially catastrophic' event. 

With federal funding due to expire on Thursday and a potential debt default by October 18, Democrats who narrowly control the Senate and House are racing to head off fiscal disaster while also passing President Joe Biden's ambitious $3.5 billion spending package. 

Read more ....  

Update #1: Dimon says JPMorgan preparing for 'potentially catastrophic' US credit default -- The Hill 

Update #2: JPMorgan’s Jamie Dimon cautions a U.S. default would be ‘potentially catastrophic’ -- CNBC/Reuters  

WNU Editor: Democrats are now exploring ways to avoid Congressional approval for a raise in the debt ceiling .... Democrats Suggest Giving President, Treasury Power To Raise Debt Limit (Zero Hedge).

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