Yellen's letter to Speaker of the House \ stacker news ~econ

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Yellen's letter to Speaker of the House home.treasury.gov/system/files/136/Debt-Limit-Letter-to-Congress-1-17-25.pdf

66 sats \ 1 comment \ @dough 29 Jan econ

Where are we on this? I wonder if the 'extraordinary measures' she mentions are in effect. Imagine taking over the job and this is your first week. Poor Bessent

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0 sats \ 0 replies \ @Diego 29 Jan

Feels like deja vu. Extraordinary measures probably just means draining the TGA (treasury general account) the bank account with the FED to cover ’bills’