US Treasury Secretary Janet Yellen in an interview with the US ABC News He noted that the ministry remains uncertain about the estimates of a possible default.
“We estimate that we will run out of money at the beginning of June. There is a possibility that this will happen on June 1st. Yellen said, “Of course there is serious uncertainty.
At the same time, the minister promised to inform Congress in case of public debt and defaults.
old minister statedPresident Joe Biden’s use of the 14th Amendment to raise the US national debt threshold by bypassing Congress would lead to a constitutional crisis.
Yellen too registeredThe authority of the institution to take extraordinary measures to prevent default is coming to an end because such measures have been in effect for several months.