US Debt Ceiling Deadline Looms, Yellen Warns of Missed Payments
TL;DR Summary
US Treasury Secretary Janet Yellen stated that the US government is almost certain to miss early June payments unless the debt limit is raised. She added that the Biden administration is not working with investors on how to respond to a potential default on the US debt, and the focus remains on raising the debt ceiling so the government can pay its bills on time.
- Yellen Says U.S. 'Almost Certain' to Miss Early June Payments Unless Debt Limit Is Raised The Wall Street Journal
- Yellen maintains early June as U.S. debt ceiling deadline Yahoo Finance
- Stocks Fall Further on Yellen Comments Barron's
- Heard on the Street Recap: She's Debt Serious The Wall Street Journal
- The US Treasury may have to break the law to keep the world’s richest nation from default Yahoo Finance
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