Janet Yellen Urges Congress to Act on Debt Ceiling
#USdebtlimit #JanetYellenJanet Yellen alerts Congress about the need for "extraordinary measures" to prevent the US from reaching its debt limit in early 2025, emphasizing the importance of action to maintain the nation's credit. read more
"Yellen Warns Congress on Impending Debt Limit, Urges Swift Action"
#JanetYellen #USdebtceilingsJanet Yellen, US Treasury Secretary, warns Congress to raise borrowing limit to avoid default, proposing "extraordinary measures" by mid-January. Political parties historically clash over debt legislation, with national debt at $36tn. Yellen expresses concern over fiscal sustainability and increased interest rates. read more
#JanetYellen #ChineseExports
Janet Yellen urges EU to join US in curbing Chinese exports, specifically targeting cheap green technology. US Treasury Secretary calls for a unified response to China's growing production, highlighting the threat to industries worldwide. read more