Is the Debt Sealing a Political Debate?

This is a relic of the cares act. When the cares act was passed, it required the secretary of the treasury and the fed chairman to report on how things were going in terms of spending out the money. So so they are there. Obviously, this is used in part to do some political posturing on the behalf of these senatoris a lot of debate on the fiscal conversation that doesn't necessarily have bearing for the fed. But asked about the debt sealing was the treasury secretary, and she warned about it being potentially disastrous if it isn't raised.