Yellen Sends Default Warning If Congress Fails
Bloomberg Businessweek
00:00
The Debt Ceiling and the Politics of Budgeting
U.S. Treasury Secretary Janet Yellen spoke exclusively with Bloomberg's Anne Marie Horden from the sidelines of the G7 Summit in Japan. "I feel like we are constantly fighting for a responsible federal budget and never getting it," she said. She added that if Congress doesn't raise the debt ceiling, 'we face economic and financial catastrophe one way or the other'
Play episode from 04:29
Transcript
