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Yellen says Treasury to hit new debt limit in mid-Jan.
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 Treasury to hit new debt limit in mid-January
Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the U.S. debt limit.
'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.
1d
on MSN
Chinese hackers infiltrate US Treasury in major cyberattack, officials tell Congress
A China state-backed actor successfully breached US Treasury Department workstations and accessed “unclassified” documents ...
1d
on MSN
US disburses $3.4 billion in budget aid for Ukraine, Yellen says
President Joe Biden announced $2.5 billion in additional security assistance for Ukraine, which is separate from the direct ...
MoneyWeek
1d
Will Trump's tariffs trigger high inflation in the US?
The incoming Trump administration will continue Biden's protectionist and fiscally loose economic policies, while the Middle ...
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