US Treasury to take ‘extraordinary measures’ after Trump inauguration
Gabriel Negreanu
Janet Yellen has told Congress that her department will pause retirement payments in a bid to avoid default US Treasury Secretary Janet Yellen has said her department will take “extraordinary measures” to prevent the US from hitting the national debt limit on Tuesday, one day after President-elect Donald Trump takes office. In a letter to Congress on Friday, Yellen explained that the US will hit its roughly $36 trillion debt limit between January 14 and January 23, potentially leading to a
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