U.S. Treasury Debt in the Monetary System - April 8, 2025

Witnesses
Mr. Tom Wipf, Managing Director at UBS, serving as CEO of Credit Suisse US Entities
The Honorable Scott O'Malia, CEO, International Swaps & Derivatives Association (ISDA)
Dr. Kristin Forbes, Jerome and Dorothy Lemelson Professor of International Economics and Management, MIT – Sloan School of Management
The Honorable Nellie Liang, Senior Fellow, Economic Studies, Brookings Institution