The US Treasury Secretary Steve Mnuchin told yesterday  that the US financial institutions need to be prepared for a hard Brexit as a very realistic outcome. He also commented that if this is the case it would mean global disruptions.

– We need to be prepared for a hard Brexit as a very realistic outcome, he said during the hearing before the House Financial Services Committee. According to Bloomberg, the US has encouraged the parties to find a suitable solution.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s