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Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling

In one of her last acts as U.S. 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,

The New York Times · 5d

U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21

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.

Treasury · 1d

U.S. Treasury to Take ‘Extraordinary Measures’ Again to Avoid a Default

As she exited the job, Treasury Secretary Yellen urged Congress to increase or suspend the debt ceiling—and detailed actions Treasury is taking, starting today, to keep the nation solvent.

news.bloomberglaw · 5d

Yellen Says US to Take Extraordinary Steps to Avert Default (1)

Outgoing Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to avoid breaching the US debt limit, and urged lawmakers again to take steps to increase or suspend the statutory ceiling.

Axios · 4d

Yellen: Treasury 'extraordinary measures' on debt limit start Jan. 21

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

Accounting Today11h

House GOP introduces bill to pull out of OECD global tax deal

House Republican lawmakers introduced legislation to end U.S. involvement in the framework for global taxation in response to ...

BizPac Review4d

Janet Yellen drops bomb on way out that US will hit debt limit ONE day after Trump takes office

Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.

cryptopolitan2d

$36T US Treasury debt ceiling signals Bitcoin correction as soon as Trump is in office

Bitcoin may experience a drop to $70,000 before its next surge in the market cycle as a result of the US debt.

Johnson ‘not wed’ to including debt ceiling in sprawling reconciliation bill

Speaker Mike Johnson (R-La.) on Tuesday said he is “not wed” to including a debt limit increase in the reconciliation package ...

New York Sun7d

Janet Yellen, in Final Effort To Burnish Biden’s Legacy, Defends Covid Spending, Takes Jab at Trump Tax Cuts

With the public’s approval of the Biden administration’s economy hitting new lows in the final days of his presidency, the outgoing treasury secretary, Janet Yellen, during her ... $1.9 trillion ...

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