Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid default next month
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early months of the new Trump administration.
Yellen says extraordinary measures to avoid default will begin as soon as Jan. 14
Treasury Secretary Janet Yellen suggested in a letter to Congress on Friday that the department doesn’t think the U.S. will need to take “extraordinary measures” on Jan. 2 to avoid defaulting on its obligations,
Janet Yellen warns Congress ‘extraordinary measures’ will be needed to stop US hitting debt limit
Janet Yellen warns Congress ‘extraordinary measures’ will be needed to stop US hitting debt limit - Yellen said the treasure will need to take ‘extrodinary measures’ to prevent the nation from hitting
Treasury secretary warns Congress as US nears its debt limit
Treasury Secretary Janet Yellen warned Congress on Friday that the U.S. will hit its debt limit unless the government takes "extraordinary measures" to avoid default. The notification likely means the debt ceiling fight will happen in the early months of the new Trump administration.
Treasury secretary warns another crisis is coming unless 'extraordinary measures' taken
Outgoing Treasury Secretary Janet Yellen issued a dire warning that "extraordinary measures" will need to be taken to avoid a default on U.S. debt if Congress does not act to raise the debt ceiling soon,
‘Extraordinary measures’ needed by mid-January to keep US from defaulting on national debt, Treasury Secretary Janet Yellen warns Congress
Extraordinary measures” will be needed to keep the US from defaulting on its obligations if the nation’s debt ceiling isn’t raised or suspended by mid-January, Treasury Secretary Janet Yellen warned Congress Friday.
U.S heading for default in 2025, potentially tanking the U.S. credit rating and sending shockwaves through global markets
The situation highlights the urgent need for bipartisan cooperation to address the debt ceiling and avoid a potentially ...
Yellen Says ‘Extraordinary Measures’ to Avoid Default Will Start in Mid-January
WASHINGTON—Treasury Secretary Janet Yellen said the U.S. will hit its borrowing limit in the middle of next month, triggering ...
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US warns about risk of default
The United States is expected to reach its national debt ceiling in January, as confirmed by Finance Minister Janet Yellen.
What is the debt ceiling, and is Trump right that a default 'could mean nothing'?
The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...
Klarna Becomes Default Payment Option With WooCommerce Expansion
In a move to streamline online payments, Klarna will now be the default payment method for WooCommerce-powered shops, ...