Biden summons bank CEOs, other business leaders as debt ceiling showdown with GOP escalates – The Washington Post

  • by

Biden was joined by some of the most powerful figures in the banking industry, as well as representatives of other big companies. In their comments, they painted a portrait of a calamitous situation should the United States default on its obligations, one they said would create havoc that everyday Americans would feel, from their Social Security payments to their retirement funds.