Lew: Not Raising Debt Limit Would Be ‘Disastrous’

Aug. 22 (Bloomberg) -- U.S. Treasury Secretary Jacob J. Lew said a failure by Congress to raise the $16.7 trillion debt limit would “have disastrous effects for our nation” and could put at risk payments to Social Security recipients and veterans. Peter Cook reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Pinebridge's Redha Sees European Economic Momentum Peak
21:15 - Pinebridge Investments Head of Multi Asset Hani Redha discusses his outlook for the auto industry and weighs in on the European economy. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)
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