(Full Interview VIDEO) US shutdown: Barack Obama Warning to Wall Street: This time be worried

US President Barack Obama has warned that Wall Street should be concerned that a conservative faction of Republicans is willing to allow the country to default on its debt.

The US government has partially closed after Congress failed to agree a budget and will run out of cash on 17 October unless its debt ceiling is raised.

In a TV interview on Wednesday, Mr Obama said he was “exasperated”.

He later held talks with Congressional leaders that ended without agreement.

Watch the CNBC Interview

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