August 21, 2026
Aug 21, ’26 Washington Roundtable
On this week’s Defense & Aerospace Report Washington Roundtable, former DoD Europe chief Jim Townsend of the Center for a New American Security joins Defense & Aerospace Report Editor Vago Muradian to discuss implications of US debt passing $40 trillion as Treasury Secretary Scott Bessent intervened in bond markets to cut yields, backfiring by alarming markets that reacted negatively to the move; President Trump declared the Strait of Hormuz as American territory, threatening Iran with an economic “D-Day” and Oman with strikes as the UAE, a financial gateway for Tehran, also imposed sanctions; and more.
Listen to the full interview on the Defense & Aerospace Report Podcast.
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