IMF’s Lagarde Urges U.S. to Show Leadership in Budget Chaos

Politicians in Washington need to show leadership in resolving a political deadlock on the budget that risks damaging the country’s economy and the rest of the world, International Monetary Fund Managing Director Christine Lagarde said.

“Leadership has to be demonstrated in this city,” Lagarde said in an interview on Bloomberg Television with Tom Keene today. The budget chaos could “precipitate another crisis if it was to last longer.”