Yellen: Debt limit breach would be ‘devastating’ for banks ...Middle East

Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound in the aftermath of Silicon Valley Bank’s collapse. But she warned that failure to raise the debt limit in time would be devastating for banks after the turmoil. The country’s fiscal and economic health took center stage at the Senate […] The post Yellen: Debt limit breach would be ‘devastating’ for banks appeared first on Roll Call.

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