#shorts Senator Kennedy asked Treasury’s Rosenberg, “Secretary Rosenberg, in your opening comments, you said it’s important that we maintain a relationship with China so we can work together on, I believe you said, climate change and debt relief. I want to ask you about the debt relief. Many foreign countries owe debt that they can’t pay back, do they not?
Rosenberg: Yes, Senator, that’s true. And if I may, with respect to nuclear proliferation—
Kennedy: yes, ma’am, but I don’t want to get off on nuclear proliferation because I’m going to run out of time. Um, and some of those countries that owe money that they can’t pay back owe that money to the American people, either individually or as businesses. Is that correct?
Rosenberg: That, uh, I don’t have particular responsibility over foreign debt matters, although
Kennedy: you mentioned it. Am I correct?
Rosenberg: I did mention it, and I do believe you are correct. While I don’t have specifics at my disposal
On 5/31/2023, Kennedy questioned Treasury’s Rosenberg in Banking during U.S. Senate Hearing.
other clips of this published longer video is here: https://youtu.be/iJURP_SqgaM
Kennedy: you mentioned it. Am I correct? climate change & debt relief