Ben Bernanke criticized the debt ceiling brinkmanship approach.
05/21/2013
https://www.congress.gov...
We have just finalized new capital requirements that banks have to hold against these assets for sale, these securities,...
We all agree that the burden of regulation falls particularly heavily on small community banks which don't have the reso...
A default by the U.S. Government would be extremely disruptive.
The political challenge is to figure out how to do that.