
BONUS EPISODE: Janet Yellen Speaks To Bloomberg
Bloomberg Surveillance
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Jamie Dimon Sets Up a War Room for Contingency Planning
There remains a level of uncertainty about precisely when we would run out of cash to be able to pay the government's bills. Jamie Dimon was on Bloomberg TV yesterday, and he said he set up a war room for contingency planning. Are you actively speaking to executives? I have talked not within the last few weeks, but earlier around the time in January,. When I sent my first letter, I talked to a number of bank executives. More recently, I've talked to leaders of business, businesses in different sectors of the economy. But I want to understand how they're thinking about the debt ceiling. And what I'm hearing is that it is a grave source of uncertainty.
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