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Janet Yellen actually said...

a default on the U.S. debt would be catastrophic from the standpoint of our credibility

Context

Yellen warns that defaulting on debt would harm U.S. credibility globally.

10/18/2021

https://www.congress.gov...

More Janet Yellen Quotes

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The President supports an enforcement mechanism that requires polluters to bear the full cost of the carbon pollution they are emitting.
1/18/2021
Without congressional action, Americans will suffer, and the overall economy could degrade from its current slow rebound in growth to no gro...
8/31/2020
I would be concerned about capping it when we know the needs of the state and local governments alone come close to that.
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View All Janet Yellen Quotes

Janet Louise Yellen
in office

usa, California

653 Quotes

Born8/13/1946 (age 79)

PartyDemocratic

  • Secretary of the Treasury

    1/26/2021 - present
  • chair of the federal reserve

    2/3/2014 - 2/3/2018
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