In 2011, Obama administration put together contingency plan to prioritize payments..
By Saleha Mohsin and Liz Capo McCormick, Bloomberg|July 14, 2017 at 08:58 AM|Originally published on Treasuryandrisk.Com
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Deep within the Treasury Department sits a once-secret plan written by the Obama administration that could lead to the first-ever default on U.S. debt. Bond traders are worried that Donald Trump’s Treasury secretary may have to use it.