{"id":170255,"date":"2025-12-05T23:45:07","date_gmt":"2025-12-05T23:45:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/170255\/"},"modified":"2025-12-05T23:45:07","modified_gmt":"2025-12-05T23:45:07","slug":"elizabeth-warren-demands-private-credit-stress-test-after-big-bankruptcies","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/170255\/","title":{"rendered":"Elizabeth Warren Demands Private Credit Stress Test After Big Bankruptcies"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">US Senator Elizabeth Warren is urging regulators to scrutinize the burgeoning private credit market, warning that implosions of Tricolor Holdings and First Brands Group are \u201clikely the tip of the iceberg\u201d in terms of bad debt held by Wall Street\u2019s biggest banks.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">In a Thursday letter, Warren and Senator Jack Reed demanded that top cops at the Federal Reserve and Federal Deposit Insurance Corporation push Treasury Secretary Scott Bessent to conduct a stress test that evaluates the \u201cthe size, scale, scope, interconnectedness, and mix of activities of the private credit market\u201d in the US.<\/p>\n","protected":false},"excerpt":{"rendered":"US Senator Elizabeth Warren is urging regulators to scrutinize the burgeoning private credit market, warning that implosions of&hellip;\n","protected":false},"author":2,"featured_media":170256,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[916,138,5399,219,866,246,48031,220,86350,111,139,69,135,27462,640,4233],"class_list":{"0":"post-170255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-banking","9":"tag-business","10":"tag-debt","11":"tag-economy","12":"tag-federal-reserve","13":"tag-finance","14":"tag-kkr-co-inc","15":"tag-markets","16":"tag-miki-bowman","17":"tag-new-zealand","18":"tag-newzealand","19":"tag-nz","20":"tag-politics","21":"tag-private-credit","22":"tag-regulation","23":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/170255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=170255"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/170255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/170256"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=170255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=170255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=170255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}