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Treasury began using ‘extraordinary measures’ Thursday as debt limit reached, Yellen says

Clyde Edgerton by Clyde Edgerton
January 19, 2023
in Markets
Treasury began using ‘extraordinary measures’ Thursday as debt limit reached, Yellen says
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Treasury Secretary Janet Yellen confirmed to top U.S. lawmakers in a letter that her department began to use “extraordinary measures” on Thursday due to the federal government hitting its ceiling for borrowing. She had indicated last week that such a move was coming.



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