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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

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.


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,...

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