💥BREAKING: The Bigly-est LME Ever💥
The US Treasury Department Announces a Bold Initiative to Reduce Federal Debt
Today the U.S. Department of the Treasury announced it will launch an unprecedented liability management exercise (LME) in hopes of reducing its $36 trillion debt stack and a leveraged capital structure that credit rating agencies and many economists now view as unsustainable. Commenting on the proposed debt exchange, Treasury Secret…