Secretary of the Treasury Janet L. Yellen Sends Letter to …
1 day ago · WASHINGTON – Today, Secretary of the Treasury Janet L. Yellen sent a letter to all members of Congressional leadership regarding the debt limit.The full text of the letter can be found here and is available below. The Honorable Mike JohnsonSpeakerU.S. House of RepresentativesWashington, DC 20515 Dear Mr. Speaker:I write to keep you apprised of actions the Treasury Department is taking in ...
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to ...
1 day ago · WASHINGTON (AP) — In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on January 21 in a letter sent to congressional leaders Friday afternoon. She sent a letter in late December to lawmakers stating that Treasury expected to ...
US to hit debt limit on Tuesday, Yellen warns. What happens next?
1 day ago · The U.S. government will reach its borrowing limit on Tuesday, according to Treasury Secretary Janet Yellen. The Treasury Department will take "extraordinary measures" to avoid breaching the debt ...
Yellen: US will hit debt ceiling in mid- or late-January
Dec 27, 2024 · Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- to late-January, starting the clock on a major fiscal challenge...
Secretary of the Treasury Janet L. Yellen Sends Letter to …
We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States.
Janet Yellen warns 'extraordinary measures' needed to avoid …
Dec 28, 2024 · Treasury Secretary Janet Yellen warned congressional leaders Friday that the federal government will hit its debt limit as early as Jan. 14 unless Congress takes action or her department...
Janet Yellen tells Congress US could hit debt limit in mid-January
Dec 27, 2024 · Treasury Secretary Janet Yellen says 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 January 14th, in a …
Yellen Issues Debt Limit Warning to Congress - The New York …
Dec 27, 2024 · Treasury Secretary Janet L. Yellen informed Congress on Friday that if lawmakers do not act to raise or suspend the nation’s debt limit as soon as Jan. 14 she would most likely need to begin...
Yellen tells Congress U.S. could hit debt limit in mid-January - NPR
Dec 28, 2024 · 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...
Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
1 day ago · US Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to avoid breaching the US debt limit, urging lawmakers to take steps to increase ...