
Our Sunday Visitor: Sung Won Sohn, a professor of finance and economics at Loyola Marymount University in Los Angeles, and a former Wells Fargo executive vice president and senior economist on the White House Council of Economic Advisors, noted in an interview before Biden and McCarthy reached an agreement, that the last federal debt crisis, in 2011, did not result in default.
Source: Our Sunday Visitor
Economists, Educators, Catholic Leaders Discuss What’s at Stake in Debt Limit Resolution for Those Most in Need