Yellen warns of recession if US defaults, says Schumer and Pelosi need to figure out how to raise ceiling Treasury Secretary Janet Yellen said in a Tuesday interview on CNBC that a debt ceiling increase must happen, and refused to take the budget reconciliation process off the table to do it. https://ift.tt/2Ym6zVD https://ift.tt/3AdCPqU October 5, 2021 at 07:33PM

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