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Event Brief

Hassett rejects Gundlach debt restructuring idea

Kevin Hassett said Jeffrey Gundlach’s Treasury restructuring scenario would amount to a default and rejected it.
WHO: Kevin Hassett
WHAT: Hassett rejected a proposed restructuring of US Treasury securities described by Jeffrey Gundlach
WHEN: May 8, 2026 at 10:21 AM ET
WHERE: USA
WHY: He was responding to Gundlach’s debt idea involving a restructuring of US Treasury securities.

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