Treasurys Yellen says US could default as soon as June 1

Treasurys Yellen says US could default as soon as June 1

WASHINGTON (AP) — Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. could default on its debt as early as June 1, if legislators do not raise or suspend the nation’s borrowing authority before then and avert what could potentially become a global financial crisis. In a letter…Read More

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