Jack Lew: 9/11 Bill 'Very Bad Legislation'

The transcript discusses a recent Senate vote and its political, diplomatic, and economic implications. The White House is concerned about the diplomatic fallout, while Saudi Arabia has threatened to sell off US treasuries. The speaker criticizes the legislation, citing negative impacts on US interests and representatives abroad. Despite potential Saudi actions, confidence in the US Treasury market remains strong.

What are the potential diplomatic ramifications mentioned in the text?

What warning did Saudi Arabia give regarding their treasuries?

How does the speaker feel about the legislation discussed in the text?

What does the speaker hope Congress will do regarding the legislation?

What is the speaker's confidence regarding the US Treasury market?