Janet Yellen warns debt default would undermine US leadership and raise national security concerns
This comes as lawmakers remain deadlocked over lifting the $31.4 trillion debt limit, with Republicans in Congress only willing to raise it if spending cuts are implemented and the White House demanding no conditions.any meaningful progress."Millions of Americans could lose their jobs, household incomes would be reduced.
Responding to a question, she suggested that a permanent elimination of debt limit caps could provide a long-term fix, or rules could be changed around how the ceiling is handled. Yellen's warnings about damage to the US security stood alongside alarms raised last week by Avril Haines, the director of national intelligence. would take advantage of a default to highlight the US as chaotic.
"Almost certainly it would create global uncertainty about the value of the US dollar and US institutions and leadership, leading to volatility in currency and financial markets and commodity markets that are priced in dollars," she said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Lawsuit filed against Treasury Secretary Janet Yellen challenging debt limit law as congressional standoff threatens defaultAttorneys representing a federal government employees' union sued Treasury Secretary Janet Yellen over the constitutionality of the debt limit, which caps the amount the federal government can borrow to pay for congressionally approved spending.
続きを読む »
Janet Yellen says US default would trigger a global economic downturn | CNN BusinessUS Treasury Secretary Janet Yellen urged Congress on Thursday to raise its debt ceiling, warning that a US default would produce an 'economic and financial catastrophe' that would trigger a global economic downturn and risk undermining the country's ability to provide global leadership.
続きを読む »
US Treasury Sec. Yellen warns of a global downturn on US defaultUS Treasury Secretary Janet Yellen once again warned that the “US default would threaten US recovery, sparking a global downturn that would set us bac
続きを読む »
Yellen warns US default would threaten global economy, undermine its leadershipNIIGATA, Japan (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt limit and avert an unprecedented default that would trigger a global economic downturn and risk undermining U.S. global economic leadership. Yellen issued the latest in a series of increasingly stark warnings in remarks prepared for a press conference ahead of a meeting in Japan with her counterparts from the Group of Seven (G7) rich nations, as well as India, Indonesia and Brazil. 'It would also risk undermining U.S. global economic leadership and raise questions about our ability to defend our national security interests.'
続きを読む »
Failure to raise debt ceiling would be an 'economic catastrophe,' Treasury's Yellen saysTreasury predicts it will exhaust emergency measures on the debt as early as June 1, leaving about three weeks for Congress to raise the debt limit.
続きを読む »