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3232Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
https://www.digit.info/lawmaker-warns-us-default-risks-dollars-reserve-currency-status-exploitation-by-china-and-russia/
Wed, 10 May 2023 03:20:02 +0000https://www.digit.info/2023/05/10/lawmaker-warns-us-default-risks-dollars-reserve-currency-status-exploitation-by-china-and-russia/Read more]]>The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S. defaults on its debt obligations. U.S. Lawmaker’s Debt Default Warning Congressman Jim Himes (D-CT), […]