Episode 70 – In a New York State of Mind – Proposed Sovereign Debt Legislation and its Consequences

In this episode of Current Account, Clay is joined by IIF's Sonja Gibbs, Managing Director and Head of Sustainability, to discuss recent legislative actions in the New York State Senate around a proposed bill on sovereign debt. Sonja and Clay discuss the contents of the bill, titled the "Sovereign Debt Sustainability Act," the overall impact of the bill should it be passed, industry reaction to the proposition, potential beneficial next steps and more.