Yellen's Meeting with Wall Street Bankers Amid Looming Default and Debt Ceiling Concerns.
TL;DR Summary
Treasury Secretary Janet Yellen will meet with top Wall Street bankers next week to discuss the impasse over raising the government's borrowing limit as the Biden administration and Republican leaders scramble to reach a deal to avoid a debt default. The meeting comes at a pivotal moment in negotiations, with both sides deeply divided and no clear path forward. The risk of a U.S. default or a credit downgrade is greater than in any period since 2011.
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- What Happens If the US Treasury Runs Out of Cash? Here Are Yellen's Options Bloomberg
- What The Government Being Unable To Pay The Bills Could Mean For The US Economy News On 6/KOTV
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