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 the use of “extraordinary measures” to keep the federal government from defaulting on its obligations.
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,
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter sent Friday.
Treasury Secretary Janet Yellen says U.S. could hit debt limit in weeks
Yellen told Congress her agency will need to start taking "extraordinary measures," or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as Jan. 14.
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
Janet Yellen Warns Congress Will Need to Take 'Extraordinary Measures' to Avoid Hitting Debt Ceiling Next Month
Treasury Secretary Janet Yellen warned congressional leaders Friday that "extraordinary measures" will soon be required to prevent breaching the debt ceiling.
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 ...
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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 ...
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