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SIFMA Annual 2024: Larry Fink on the US deficit and shadow banking

Larry Fink.
Larry Fink. Photo: Sean Gallup/Getty Images

Alex Viall

1 min read
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The second of our reports of keynote speeches at SIFMA’s annual event in New York features the thoughts of Blackrock CEO Larry Fink.

Larry Fink, CEO of BlackRock, was asked if there was a debt crisis in the US and when it might become unsustainable. He remarked that the deficit is currently $36 trillion which has risen from $8 trillion at the turn of the century. He said this is indeed a crisis

Fink stressed

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