• US Treasury Sec. Yellen: Debt ceiling legislation protects the full faith and credit of the United States

Market news

2 June 2023

US Treasury Sec. Yellen: Debt ceiling legislation protects the full faith and credit of the United States

“Debt ceiling legislation protects the full faith and credit of the United States and preserves our financial leadership,” US Treasury Secretary Janet Yellen said after the US senate clears the debt deal to avert default.

Additional quotes

“I continue to strongly believe that the full faith and credit of the United States must never be used as a bargaining chip.”

“Treasury will continue to effectively implement the Inflation Reduction Act, including the modernization of the IRS.”

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