Yellen says US could default as soon as June 1

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 the body does not raise or suspend its statutory borrowing authority before then. In a letter to House and Senate leaders, Yellen urged congressional leaders…Read More

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