'Financial Repression Is Coming,' Warns Lawrence McDonald As Ted Cruz Seeks To End $1.1 Trillion Fed Interest Payment Scheme

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'Financial Repression Is Coming,' Warns Lawrence McDonald As Ted Cruz Seeks To End $1.1 Trillion Fed Interest Payment Scheme

benzinga.com/markets/treasuries/25/06/45898269/financial-repression-is-coming-warns-lawrence-mcdonald-as-ted-cruz-seeks-to-end-1-1-trillion-f

Market veteran Lawrence McDonald has a stark warning regarding a recent GOP proposal spearheaded by Sen. Ted Cruz (R-Texas) that calls for nixing federal interest payments to banks.
What Happened: On Wednesday, McDonald, the founder of the newsletter The Bear Traps Report, posted on X,…

This story appeared on benzinga.com, 2025-06-12 07:27:29.