On the recordMarch 22, 2023
prioritization is default by another name.
Said by
Janet L. Yellen
Source
congress.govprioritization is default by another name.
Yellen argues prioritizing payments is equivalent to defaulting on obligations.
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Thank you for the invitation to testify and for your support of the Treasury Department.
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.