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Janet Yellen Says Treasury Could Exhaust Cash Reserves by Oct. 18 if Debt Limit Isn’t Raised

·6 min read
Janet Yellen Says Treasury Could Exhaust Cash Reserves by Oct. 18 if Debt Limit Isn’t Raised

Treasury Secretary Janet Yellen testified with Fed Chairman Jerome Powell before lawmakers after Senate Republicans blocked a bill that would both fund the government and lift the borrowing limit.