Treasury secretary warns Congress as US nears its debt limit

Treasury Secretary Janet Yellen warned Congress on Friday that the U.S. will hit its debt limit unless the government takes "extraordinary measures" to avoid default. The notification likely means the debt ceiling fight will happen in the early months of the new Trump administration.

Topics

Yellen: US will hit debt ceiling in mid- or late-January

Politico - 1d
Yellen Issues Debt Limit Warning to Congress

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.
The New York Times - 1d
10-year Treasury yield rises, hovering near a seven-month high

Treasury yields were higher Friday as traders assess data on jobless claims and wholesale inventories.
CNBC - 1d
Janet Yellen tells Congress that U.S. could hit debt limit in mid-January

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by ...
CBS News - 1d
Greek police warn drivers to use snow chains after long traffic jams reported in some mountain areas

Greek traffic police are warning drivers in areas with ice and snow to use snow chains after long traffic jams were reported near some ski resorts because of cars stuck on the roads
ABC News - 2d
Experts warn of mental health risks after rise in magic mushroom use

Reports that psilocybin can help some mental health conditions has led to increase in recreational use, which carries risks. Magic mushrooms are rapidly growing in popularity, sparking a ...
The Guardian - 3d
We were warned: First term aides told us about Trump’s governing style

Trump's chaotic governing style, characterized by rapid turnover of aides, short attention span, and an inability to read briefing books, has been described as akin to a toddler's, and his ...
The Hill - 4d
US wins its GMO corn case against Mexico, but in front of the wrong court

Last Friday, a dispute settlement panel convened under the U.S.-Mexico-Canada Agreement ruled in favor of the U.S. on two Mexican measures blocking imports of genetically modified corn. The U.S. ...
The Hill - 4d
This home builder issued its third profit warning in three months. Its stock is tanking.

Britain’s Vistry Group on Tuesday issued its third profit warning in as many months, sending its already-battered stock spiraling lower.
MarketWatch - 4d

Treasury secretary warns Congress as US nears its debt limit

Topics

Related

Yellen: US will hit debt ceiling in mid- or late-January

Yellen Issues Debt Limit Warning to Congress

10-year Treasury yield rises, hovering near a seven-month high

Janet Yellen tells Congress that U.S. could hit debt limit in mid-January

Greek police warn drivers to use snow chains after long traffic jams reported in some mountain areas

Experts warn of mental health risks after rise in magic mushroom use

We were warned: First term aides told us about Trump’s governing style

US wins its GMO corn case against Mexico, but in front of the wrong court

This home builder issued its third profit warning in three months. Its stock is tanking.

More from NBC News

Musk and Ramaswamy clash with MAGA loyalists on worker visas

Trump urges Supreme Court to pause law that could ban TikTok

Incoming border czar shares hints return of family detention centers

Incoming border czar hints at battle between federal and local authorities

Trump takes aim at Canada, Panama Canal, Greenland in posts