U.S. Treasury
U.S. could default as early as June 1, Yellen warns Congress
UPDATED 5:50 p.m. Central, 5/1/23 WASHINGTON — U.S. Treasury Secretary Janet Yellen warned Monday that the U.S. could default in as soon as one month if Congress does not act to raise the nation’s borrowing limit — a prediction that prompted President Joe Biden to call a meeting with congressional leaders next week. In a […]