On the recordJune 22, 2021
I would plead with Congress simply to protect the full faith and credit of the United States by acting to raise or suspend the debt limit as soon as possible.
Source
congress.govI would plead with Congress simply to protect the full faith and credit of the United States by acting to raise or suspend the debt limit as soon as possible.
Yellen urges Congress to act quickly to raise the debt limit.
Share & report
More from Janet Yellen
President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000.
The president has made clear that he would veto the bill in the House that ties aid for Israel to cuts in funding for the Internal Revenue Service.
I think what we found during that time was that implementing strong capital, liquidity, and risk management rules led to a stronger banking system.