US Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing in Washington in June. Photo: Reuters
US Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing in Washington in June. Photo: Reuters
US Politics

politico | US Treasury Secretary Janet Yellen warns of likely October debt cliff and incoming ‘irreparable damage’

  • She again called on Congress to take swift action to address the debt limit, cautioning that uncertainty in the meantime could hurt the global economy
  • House Speaker Pelosi reiterated that Democrats will pursue a bipartisan vote to waive the debt limit, rather than using the reconciliation process

Topic |   US Politics
US Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing in Washington in June. Photo: Reuters
US Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing in Washington in June. Photo: Reuters
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