Janet Yellen in letter to congress says Treasury is set to run out of money on June 5th… Wasn’t it just June 1st a day ago? These clowns are just playing everyone

by Dismal-Jellyfish Source: https://home.treasury.gov/system/files/136/Debt-Limit-Letter-to-Congress-Members-20230526-McCarthy.pdf Dear Mr. Speaker: I am writing to follow up on my previous letters regarding the debt limit and to provide additional information regarding the Treasury Department’s ability to continue to finance the operations of the federal government. …

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Biden claims it is not his fault if we default on our debt… Treasury Secretary Yellen claims that the 14th Amendment cannot be appropriately used to raise the debt ceiling.

Biden blamed Republicans for the U.S. defaulting on debt, calling their latest offers “unacceptable” and refusing to agree to a tax break for the oil industry. via townhall: After dodging reporter’s questions about the debt ceiling, President Joe Biden finally …

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Secretary of the Treasury Janet Yellen Sends Letter to Congressional Leadership on the Debt Limit: “After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1.”

by Dismal-Jellyfish Source: https://home.treasury.gov/system/files/136/Debt_Limit_Letter_Congress_Members_05012023.pdf Dear Mr. Speaker: I am writing to follow up on my previous letters regarding the debt limit and to provide additional information regarding the Treasury Department’s ability to continue to finance the operations of the federal government. …

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Treasury Secretary Yellen convenes U.S. financial regulators for an unscheduled meeting — Bloomberg”; Closed to the Public

JUST IN – Treasury Secretary Yellen convenes U.S. financial regulators for an unscheduled meeting — Bloomberg — Disclose.tv (@disclosetv) March 24, 2023 Treasury Secretary Janet Yellen will convene the heads of top US financial regulators Friday morning for a previously …

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Statement by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell:

by Dismal-Jellyfish   Source: https://www.federalreserve.gov/newsevents/pressreleases/other20230319a.htm “We welcome the announcements by the Swiss authorities today to support financial stability. The capital and liquidity positions of the U.S. banking system are strong, and the U.S. financial system is resilient. We have been in …

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Fed Dead Redemption! Flight To Safety As US Treasury 10-Year Yield Drops -16 Basis Points And Fed Discount Window Soars (Wrong Way Yellen Strikes Again!)

by confoundedinterest17 Its crisis time again. First, The Fed’s discount window soared to its highest level since … you guessed it … the previous financial crisis of 2008/2009. Second, the 10-year Treasury yield declined -16 basis points this morning as investors flee to …

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