Jan 17, 2025 · Secretaries of the Treasury in both Republican and Democratic administrations have exercised their authority to take certain extraordinary measures in order to prevent the United States from defaulting on its obligations as Congress deliberated on …
U.S. Treasury to Take ‘Extraordinary Measures’ Again to Avoid a …
4 days ago · In her letter, Yellen advised that the Treasury’s extraordinary measures would begin by redeeming a portion of, and suspending full investments in, the Civil Service Retirement and Disability Fund. Treasury will also suspend additional investments of amounts credited to the Postal Service Retiree Health Benefits Fund.
Secretary of the Treasury Janet L. Yellen Sends Letter to …
Jan 17, 2025 · An official website of the United States government. ... pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin using on January 21. First, I have determined that, by reason of the statutory debt limit, I will be unable to fully invest the portion of the Civil Service Retirement and Disability Fund (CSRDF ...
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 …
Jan 17, 2025 · WASHINGTON (AP) — In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on January 21 in a letter sent to congressional leaders Friday afternoon. She sent a letter in late December to lawmakers stating that Treasury expected to ...
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan.
Jan 17, 2025 · Treasury Secretary Janet L. Yellen told Congress on Friday that on Jan. 21 the Treasury Department will have to begin using “extraordinary measures” to prevent the United States from ...
Treasury to begin ‘extraordinary measures’ as US ... - POLITICO
Jan 17, 2025 · Finance & Tax. Treasury to begin ‘extraordinary measures’ as US approaches debt cliff The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act ...
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 …
Jan 18, 2025 · In one of her last acts as U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from ...
May 2, 2023 · Extraordinary measures represent a series of actions used to extend the date by which debt limit legislation must be enacted. The authority for using extraordinary measures rests with the Treasury Secretary (codified at 5 U.S.C. §8348 and 5 U.S.C. §8909).
Yellen's Announces Extraordinary Measures for Debt Ceiling
Jan 18, 2025 · In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking "extraordinary measures," or special accounting maneuvers intended to prevent the nation from hitting ...
Yellen Says ‘Extraordinary Measures’ to Avoid Default Will ... - MSN
WASHINGTON—Treasury Secretary Janet Yellen said the U.S. will hit its borrowing limit in the middle of next month, triggering the use of “extraordinary measures” to keep the federal...