Jamie Dimon warns of market panic as U.S. nears debt default.
TL;DR
Jamie Dimon, CEO of JPMorgan Chase, warned that a potential US government shutdown and debt ceiling crisis could lead to a market "panic" and have severe consequences for the US economy. Dimon urged lawmakers to come to an agreement to avoid such a scenario, which could result in a default on US debt payments and damage the country's credit rating.
- Jamie Dimon warns debt ceiling crisis could spark market 'panic' Financial Times
- Jamie Dimon warns panic will overtake markets as U.S. approaches debt default CNBC
- JPMorgan CEO Jamie Dimon issues warning on debt ceiling 'panic' Yahoo Finance
- Jamie Dimon Warns Regulators to Not 'Overreact' to Bank Crisis Bloomberg
- Dimon warns markets will panic as possible default nears The Hill
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