JPMorgan Chase Boss Jamie Dimon Says The Bank is Preparing for a ‘Potentially Catastrophic’ Federal Default on October 18 if Congress Fails to Raise The Debt Ceiling While Passing Biden’s $3.5T Spending Bill

• JPMorgan Chase Boss Jamie Dimon Says The Bank is Preparing for a ‘Potentially Catastrophic’ Federal Default on October 18 if Congress Fails to Raise The Debt Ceiling While Passing Biden’s $3.5T Spending Bill
  by REUTERS and KEITH GRIFFITH FOR DAILYMAIL.COM, via https://www.dailymail.co.uk/
  * Chase CEO Jamie Dimon said Tuesday the bank is preparing for US credit default
  * Government funding will expire unless Democrats resolve internal disputes
  * Treasury says default will occur by October 18 unless borrowing limit is raised
  * Biden faces two holdout Democrat senators who want cuts to his spending plan
  * Dimon says he expects policymakers to find a solution as they have in the past 
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