Jpmorgan Chase Claims To Have Prepared For The Situation Of Us Government Default

The US government is facing the risk of closing, even debt if the Democratic Party and Republican Party does not meet consensus in the next few days. JPMorgan Chase said the bank has started planning to prepare for this worst scenario. The illustration. Interview with Reuters news agency on September 28, Jamie Dimon CEO JPMORGAN CHASE said this bank Once again plan to respond to the US Government scenario that defeated. The largest bank, the largest bank in the United States will show the potential effects of such a ruling against the financial market, the The ratio of capital, the bank's contract with the customer, and the US credit rating

. Dimon said in the previous US debt crisis, JPMorgan Chase also plans the same. "Will come One day we should have a bill against the party to eliminate the national debt ceiling. This is a political issue, "Dimon said
In recent weeks, both the President of Pelosi House of Representatives and the majority leader at the Senate Chuck Schumer called on the Republican Party through suspension of the level Ceiling debt as a diptentary obligation.Ceo Jamie Dimon. However, with 48 votes and 50 votes in the night of 27/9 (local time), the Republican party once again dismissed The Law on Budget Allocated by the Democratic Party. This can force the US government to close on September 30, due to exhausting the operation budget, and placing the United States at the risk of debt in the first time History. The current US debt ceiling is currently 28,400 billion USD. According to analysts' forecasts, with the current loan rate, the US Department of Finance will lose the right to issue bonds in the middle of October, and lead the risk of not paying critical debts. If this really happens to create a shock for the global financial market. In the letter to the Nancy Pelosi House of September 28, US Finance Minister Janet Yellen said the Ministry estimated the treasury The United States is capable of exhausting unusual measures if Congress does not have a move to increase the ceiling of public debt, or suspend the debt limit before October 18. According to Ms. Yellen, at that time, the US Treasury There will be only very limited resources and will quickly run out
In the hearing directly before the Senate Bank of the same day, Ms. Yellen warned the Senators that not suspension or lifting limits Debt will lead to the US's first time default and causes serious consequences for the world's leading economy as well as the global economy. Antheo Reuters, CNN

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