On the recordMarch 22, 2023
not paying any of our bills is default.
Said by
Janet L. Yellen
Source
congress.govEditor's note · Context
Yellen emphasizes that failing to pay all bills constitutes a default.
Share
More from Janet L. Yellen
Mar 22, 2023
We are also asking for an increase for the Community Development Financial Institutions (CDFI) Fund, which expands credit and financial support to historically underserved communities.
Jun 4, 2024
The guidelines that we have put in effect for all Treasury employees... conform with OMB and Administration guidance.
Mar 22, 2023
Those who were responsible for the failure of a bank should not be profiting when stockholders and investors in the bank are taking--forced to take losses.
Jun 4, 2024
Thank you for the invitation to testify and for your support of the Treasury Department.