Yellen Reiterates That the U.S. Could Run Out of Cash by June 1

HOME ABOUT US ABOUT SERVICES CONTACT US CONTACT RECENT NEWS & PRESS NEWS KNOWLEDGE BASE KNOWLEDGE

Alan Rappeport | NY Times | May 15th, 2023
Category: Financial News

The latest warning to Congress came before another meeting on Tuesday between President Biden and Speaker Kevin McCarthy to resolve the debt ceiling crisis.

Treasury Secretary Janet L. Yellen reiterated on Monday that the United States could run out of money to pay its bills by June 1 if Congress does not raise or suspend the debt limit, adding to the pressure on President Biden and congressional leaders as they race to reach an agreement to avert a default.

Read More »

Subscribe to our RSS Feed

BROWSE BY CATEGORY

A golfer wouldn't play a course with just one club in his bag. In the same way, asset classes help you diversify and optimize your portfolio.

Think of us as your personal quarterback to help you navigate and mitigate the blindsides of life.

A great chef tastes as he cooks for the best result. A great financial planner checks in to make sure you're on course and adjusts along the way for the best result.