Hassett, Asked on Gundlach Debt Idea, Says Not in Million Years

Source: Bloomberg Politics · Bias: Center

Summary

White House National Economic Council Director Kevin Hassett suggested that investor Jeffrey Gundlach’s scenario for a type of restructuring of US Treasury securities would amount to a default, and rejected any such move.

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Hassett, Asked on Gundlach Debt Idea, Says Not in Million Years
Bloomberg Politics

Hassett, Asked on Gundlach Debt Idea, Says Not in Million Years

Center

White House National Economic Council Director Kevin Hassett suggested that investor Jeffrey Gundlach’s scenario for a type of restructuring of US Treasury securities would amount to a default, and rejected any such move.