Published 1 year ago

Jamie Dimon warns lawmakers not to risk debt ceiling crisis

Summary by Ground News

JPMorgan Chase CEO Jamie Dimon urges Congress not to risk a debt ceiling crisis. Dimon warns that it would wreak havoc on the global economy. Federal government is taking extraordinary measures to prevent the U.S. from defaulting on its debt. When those efforts to free up cash run out in around six months, Congress will need to raise the debt limit.

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The Guardian

JP Morgan chief says US should not be ‘playing games’ with debt ceiling

Jamie Dimon warns that US creditworthiness should be ‘sacrosanct’ as country’s debt races toward $31.4tn limit

1 year ago·London, United Kingdom

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CNBC

Jamie Dimon says Congress shouldn't play games with the creditworthiness of the U.S. government

The JPMorgan CEO said even questioning raising the debt limit "is the wrong thing to do. ... This is not something you should be playing games with at all."

1 year ago·United States

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The Hill

Jamie Dimon warns lawmakers not to risk debt ceiling crisis

JPMorgan Chase CEO Jamie Dimon on Thursday urged Congress not to risk a debt ceiling crisis, warning that it would wreak havoc on the global economy. His comments come as the federal government begins taking “extraordinary measures” to prevent the U.S. from defaulting on its debt. When those efforts to free up cash run out…

1 year ago·Washington, United States

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Bloomberg

JPMorgan’s Dimon Says US Shouldn’t ‘Play Games’ on Debt Ceiling

Jamie Dimon said the government shouldn’t play games with the debt ceiling, amid a standoff among Republicans and Democrats as the clock ticks on the borrowing cap.

1 year ago·United States

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Fortune

JP Morgan's Dimon warns Congress not to play chicken with America’s $31 trillion debt ceiling

Brinkmanship between Donald Trump's Freedom Caucus and moderates in Congress over an impending default by the U.S. government could drive up borrowing costs for the average American.

1 year ago·New York, United States

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Seeking Alpha

JPMorgan's Jamie Dimon sees Fed raising rates higher than 5% (NYSE:JPM)

The Federal Reserve's benchmark interest rate could go higher than the central bank officials currently project due to stubbornly persistent inflation, JPMorgan Chase (JPM) CEO Jamie...

1 year ago·United States

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