Yellen Warns of Debt Disaster as Feds Prepare Trillion Dollar Coin
Officials warn of a forthcoming debt default as President Biden and Congressional Democrats scramble to raise the debt limit while considering printing a trillion-dollar coin.
🔵 Policymakers continue to sound the alarm about a potential default of U.S. debt.
🔵 Treasury Secretary Janet Yellen warns of irreparable harm, a recession and higher interest rates.
🔵 President Biden, Nancy Pelosi and Chuck Schumer engaged in a full court press on Republicans.
🔵 Senate Minority Leaders drafts letter to President Biden promising no help from the Republicans.
🔵 Can the treasury just make a $1-trillion dollar-coin! Yes, why not? According to Philip Diehl.
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