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Hypothetical Question: Evaluate the likely impacts on the banking industry if during one of the repeated political battles, the U.S. Congress fails to increase the

Hypothetical Question: Evaluate the likely impacts on the banking industry if during one of the repeated political battles, the U.S. Congress fails to increase the debt ceiling resulting in an actual default on some U.S. Treasury obligations. Be sure to provide likely general impacts as well as some likely impacts more specific impacts.

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