Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco
Former Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has learned. The advisory ...
The New Voice of Ukraine on MSN2d
Ticking debt bomb: US may default as early as spring 2025
Failure by Congress and President Donald Trump to agree on raising the debt ceiling could have severe consequences, Reuters ...
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CBO predicts that US Treasury will default in August
The Congressional Budget Office warned on Wednesday that the U.S. Treasury could run out of cash by August 2025 if Congress ...
Janet Yellen Joins Pimco’s Advisory Board as Bernanke Exits
Former Treasury Secretary Janet Yellen is joining Pacific Investment Management Co.’s global advisory board, along with ...
US could default on debt as soon as July: Analysis
The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, ...
US projected to default this summer absent congressional action
“I respectfully urge Congress to act promptly to protect the full faith and credit of the United States,” Bessent wrote in ..
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Treasury burned through $286BN of its cash balance in the past month
The consequences of a default - i.e. the country running out of money to pay its bills - would be 'catastrophic' for the US and the global economy, former Treasury Secretary Janet Yellen has said.
US Faces Payment-Default Risk in August, September, CBO Says
The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...