Yellen warns of U.S. default risk by early June, urges debt limit hike

Capt. John

U.S. Treasury Secretary Janet Yellen said on Friday that the United States will likely hit the $31.4 trillion statutory debt limit on Jan. 19, forcing the Treasury to launch extraordinary cash management measures that can likely prevent default until early June. “Once the limit is reached, Treasury...

https://www.hellenicshippingnews.com/yellen-warns-of-u-s-default-risk-by-early-june-urges-debt-limit-hike/

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