Secretary Yellen says that next month the U.S. Treasury Department will probably exhaust its options for avoiding payments default, unless the debt ceiling is increased or removed.
Although lending will always be front and center in due diligence around prospective banking partners, other treasury capabilities should play a large role in the decision as well.
The deceleration reflects growing fears about the Covid-19 delta variant and difficulties filling vacant positions. U.S. payrolls are still 5.3 million below their pre-pandemic level.
Next Wednesday, Tahreem Kampton and other Microsoft treasury executives will share their strategies for fostering continuous improvement, in a live webcast.