The U.S. Treasury is taking extraordinary measures to avoid violating the govern...
FILE PHOTO: U.S. Secretary of the Treasury Steven Mnuchin speaks at the Jordan Growth and Opportunity Conference in London, Britain February 28, 2019. REUTERS/Toby Melville/Pool
WASHINGTON - The U.S. Treasury is taking extraordinary measures to avoid violating the government debt limit, Treasury Secretary Steven Mnuchin said in a letter to House of Representatives Speaker Nancy Pelosi on Monday. He said he was suspending investment in the Civil Service Retirement and Disability Fund and a “debt issuance suspension period” would begin on Monday and last until June 5.
“I respectfully urge Congress to protect the full faith and credit of the United States by acting to increase the statutory debt limit as soon as possible,” Mnuchin said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
CBO Says U.S. Will Run Out of Cash by Early Fall Without Debt Limit IncreaseTreasury can shift funds by using 'extraordinary measures' to delay a default on payments, CBO said in a statement. The debt ceiling is currently suspended and is scheduled to come back into effect on March 2. 'With a large inflow of tax revenues in April, those extraordinary measures
Leer más »
Congress Faces Fall Deadline to Address Debt CeilingThe clock starts ticking this weekend for Congress to reach a deal to raise the federal borrowing limit, or debt ceiling, before the government runs out of money to pay its bills sometime this fall.
Leer más »
Bitcoin Developer Explains The Extreme Measures He Takes To Protect His Privacy In 2019'They don't know my real name,' says Bitcoin developer Jameson Lopp about his neighbors.
Leer más »
Osama bin Laden's son is taking over as al Qaeda leader, US saysA son of Osama bin Laden is emerging as a leader in al Qaeda, the US State Department says, and it's willing to pay up to $1 million for information on his whereabouts.
Leer más »
The US just officially hit the debt ceiling, setting up another high-stakes showdown for the fallThe Treasury Department can extend the debt-ceiling deadline until September or October, the CBO said, setting up a high-stakes showdown for the fall.
Leer más »
US lawmakers say Trump has taken 'no meaningful action' over China's treatment of MuslimsA bipartisan group of US lawmakers said the Trump administration's response to China's alleged abuses of the largest Muslim Uyghur ethnic minority in Xinjiang was inadequate and urged it to hold Beijing to account
Leer más »
U.S. farm debt soars to levels seen during 1980s farm crisis: Agriculture secretaryThe amount of debt held by America's farmers has risen rapidly to 1980s-lev...
Leer más »
US Treasury yields move higher as investors await economic dataU.S. government debt prices were lower on Friday, as investors await another batch of economic data.
Leer más »
Treasury yields slightly lower amid reports of US-China trade progressInvestor focus was mostly attuned to global trade developments, after a report overnight said the U.S. and China were closing in on a deal.
Leer más »
Treasury yields slip despite US-China trade talks nearing 'final stages'Treasury yields slipped on Monday despite trade negotiations between the United States and China reaching the 'final stages.'
Leer más »