5/24 - What happens if the U.S. Treasury runs out of money?

What happens if the U.S. Treasury runs out of money? Tonight on the Jon Sanchez Show at 5pm we’ll get that question answered from our guest, Jake Shurmeier. Jake worked at the U.S. Treasury as well ss the Federal Reserve Bank of New York. He was the lead associate responsible for implementing over $1 trillion of Treasury Market purchases during the Covid-19 pandemic. We’re looking forward to a very insightful discussion surrounding the debt ceiling as well as the Treasury quickly running out of money.