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The situation around raising the US debt ceiling “tougher than in the past” = Treasury Secretary | Reuters

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on May 13 that the situation surrounding the U.S. debt ceiling hike was “more difficult than it has been in the past,” but she hoped for a solution to avoid a default. Pictured: Ms Yellen meets Finance Minister Suzuki. Representative photo in Niigata (2023 Reuters)

Niigata (Reuters) – U.S. Treasury Secretary Yellen said on Thursday that the situation surrounding the U.S. debt ceiling hike was “more difficult than in the past” but that she hoped for a solution to avoid a default.

He gave an interview to Reuters on the sidelines of a meeting of G7 finance ministers and central bank governors.

He said he expects to report to Congress in the coming weeks when the Treasury runs out of cash.

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