StanChart CEO Winters Warns US Fiscal Policy Raises Risk of Debt Buyer Strike

StanChart CEO Winters Warns US Fiscal Policy Raises Risk of Debt Buyer Strike

Standard Chartered Plc Chief Executive Officer Bill Winters said the US was running the risk of investors snubbing its debt as politicians fail to get a grip on the country’s ballooning deficitBloomberg Terminal. “There is very little sign of fiscal discipline from either party right now, which is I think concerning, but reality finds ways of biting,” said Winters, speaking in a Bloomberg Television interview from the World Economic Forum in Davos. Winters said the US could be hit by “a little bit of a buyers’ boycott” if it didn’t get its house in order.
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Source: https://www.bloomberg.com/news/articles/2024-01-17/winters-warns-us-fiscal-policy-raises-risk-of-debt-buyer-strike