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None Dare Call It Default

Secretary Bessent’s comments on America’s credit call to mind the Bank of England’s insistence that ‘to defend ourselves is somewhat akin to a lady starting to defend her virtue.’

Secretary Scott Bessent on Capitol Hill, May 6, 2025.
Secretary Scott Bessent on Capitol Hill, May 6, 2025. AP/Jose Luis Magana

None Dare Call It Default | The New York Sun