Janet Yellen says there could be a financial crisis if there’s no deal on the debt ceiling by August. 5 experts break down what’s at stake — and whether markets will face ‘catastrophic’ consequences
Treasury Secretary Janet Yellen has issued an ominous warning to lawmakers about the potential fallout from not ensuring the US government’s ability to keep on borrowing.
She told a Senate panel on June 23 the US may not be able to pay its bills by mid-August…
