Goldman's Solomon Warns US Debt Path Will Cause 'Reckoning'

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Goldman Sachs CEO David Solomon expressed concerns about the US federal deficit, stating it could lead to a 'reckoning' if the current trajectory continues, but emphasized it's not an immediate alarm.

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"I'm not sounding an alarm bell but I do think over time this is an issue if we continue on this trajectory," Goldman Sachs Chair and CEO David Solomon says when asked about the state of the US federal deficit during an interview with David Rubenstein at The Economic Club of Washington, DC for "The David Rubenstein Show: Peer to Peer Conversations." (Source: Bloomberg)

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Original article published by Bloomberg on October 30, 2025.
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