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 · Janet Yellen tells Congress US could hit debt limit in mid-January “The period of time that extraordinary measures may last is subject to considerable uncertainty, including the challenges of forecasting the payments and receipts of the U.S. Government months into the future,” Yellen wrote in a letter addressed to House and Senate leadership.
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
2 days ago · Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States. By Alan Rappeport Reporting from Washington ...
Yellen: Treasury 'extraordinary measures' on debt limit start Jan. 21
22 hours ago · Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will need to begin "extraordinary measures" on Tuesday to avoid hitting the debt limit.Why it matters: The first full day of the Trump 2.0 presidency will see the government scrambling to move money around, increasing the urgency of the problem he's demanded Congress address.
Janet Yellen tells Congress US could hit debt limit in mid-January
Dec 27, 2024 · WASHINGTON (AP) — Treasury Secretary Janet Yellen said 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 14, in a letter sent to congressional leaders Friday afternoon.
Secretary of the Treasury Janet L. Yellen Sends Letter to …
If Congress fails to increase the debt limit, it would cause severe hardship to American families, harm our global leadership position, and raise questions about our ability to defend our national security interests.
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...
US Treasury to launch measures to avoid debt limit breach on …
1 day ago · In late December, Yellen had said that the debt cap would likely be reached between Jan. 14 and 23 after Congress opted against including an extension or permanent revocation of the limit in a ...
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...
Yellen: Treasury starts "extraordinary measures" Jan. 21 to avoid debt …
The debt limit was suspended by legislation in 2023, but went back into effect on Jan. 1 of this year. President-elect Trump wants the debt limit abolished entirely , but equally wanted that done ...