Yellen is calling CEOs personally to warn on US debt ceiling, sources say

0
265
U.S. Treasury Secretary Janet Yellen discusses “U.S.-China Economic Relationship” during a forum hosted by the Johns Hopkins University at the Nitze Building in Washington, U.S., April 20, 2023. REUTERS/Sarah Silbiger/File Photo

WASHINGTON, May 8 (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.

Reporting by Andrea Shalal in Washington Editing by Heather Timmons and Matthew Lewis
-Advertisement-

RELATED ARTICLESMORE FROM AUTHOR