
Fiscal
US Economy Raises Concerns as National Debt Surpasses $40tn
The US economy is showing signs of trouble as the national debt passes the $40tn mark, raising concerns about the country's financial stability
Every Economy story tagged Fiscal.

The US economy is showing signs of trouble as the national debt passes the $40tn mark, raising concerns about the country's financial stability

The Federal Reserve Board has issued an enforcement action with SouthPoint Bancshares, Inc. and terminated an enforcement action with Deutsche Bank AG and its subsidiaries.

The US national debt has reached a milestone $40 trillion, more than doubling in a decade due to heavy spending under both the Trump and Biden administrations.