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Mnuchin: no ‘break-the-glass’ solution for debt

Filed: May 05, 2026 at 7:03 PM ET
Summary: Former Treasury Secretary Steven Mnuchin said there is no ‘break-the-glass’ solution if the U.S. can’t finance its debt.
WHO: Steven Mnuchin
WHAT: Mnuchin discussed backup plans if the U.S. can’t finance its debt.
WHEN: May 05, 2026 at 6:48 PM ET
WHERE: USA
WHY: No specific cause was reported.
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