Tag: private_credit
-
University of Pennsylvania Expert Warns of Rising Private Credit Risks
Financial expert Itay Goldstein warns that the rapidly growing private credit market presents significant risks to the economy. A potential downturn could impact businesses, pensions, and personal finances, with institutions like the IMF also raising alarms about this not-well-understood sector.
BusinessHealthScience & TechnologyEconomyFinancial MarketsMedical ScienceEducationSocial Issues Private CreditFinancial RiskItay GoldsteinUniversity of PennsylvaniaInternational Monetary Fund
-
Treasury Secretary Scott Bessent Meets with Insurance Commissioners on Private Credit
Treasury Secretary Scott Bessent convened with state insurance commissioners and the NAIC to discuss the U.S. life insurance sector, focusing on private credit markets, offshore reserves, and the need for balanced regulation that manages risk while encouraging innovation.
Business and FinanceInsuranceScott BessentU.S. Department of the TreasuryNAICPrivate CreditRegulatory PolicyUS Treasury