It’s a global embarrassment, no other country does this: Sheila Bair on U.S. debt ceiling debate

May 18, 2023

Sheila Bair, former chair at FDIC, senior fellow at Center for Financial Stability and author of the New York Times Best Seller ‘Bull by the Horns’, and ‘Money Tales’, joins BNN Bloomberg for her view on the U.S. debt ceiling debate. Bair says that even as both part are right, the debate is building anxiety. Bair also discusses the U.S. banking turmoil, noting there will be more consolidation in the U.S. financial system.

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