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Jerome H. Powell

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    Jay Powell on Consequences of Debt Default

    Jay Powell spoke about the past weekend’s negotiations over the debt ceiling and the Treasury Department’s emergency plan to prioritize payments and avoid default if the $14.29 trillion…

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    Impact of U.S. Debt Default

    Jerome Powell talked about recent analysis by the Bipartisan Policy Center that found that if the debt ceiling is not raised, the government could not afford to meet 44 percent of its…