US Treasury to take 'extraordinary measures' to avoid debt default
- Posted on January 18, 2025
- By Business News Today
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US Treasury to take 'extraordinary measures' to avoid debt default
US Treasury Secretary Janet Yellen announced that the Treasury Department will begin taking extraordinary measures next week to prevent a default on government debt as the borrowing limit is reached. These measures include holding off on certain investments and suspending others. Yellen urged Congress to act promptly to protect the US credit.