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Financial firms fear turmoil over fraught US debt ceiling talks

Bankers, investors raise fears deal may not be done in time; trade groups have begun contingency planning

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The acrimonious atmosphere following Mr Trump's remarks about the Charlottesville protests, which cost him key backers in the business community and raised worries about his ability to broker a deal, still lingers.

Washington

FINANCIAL firms are sounding alarm bells and dusting off contingency plans over fears an increasingly dysfunctional US Congress may fail to reach a deal to raise the country's debt limit.

Several lobbyists, representing dozens of bankers,

sentifi.com

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