U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
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U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Treasury Secretary Janet L. Yellen told Congress on Friday that on Jan. 21 the Treasury Department will have to begin using so-called “extraordinary measures” to prevent the United States from defaulting on its debt. The warning was likely one of Ms. Yellen’s final…

Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
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Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to divest from dozens of funds, trusts and investments in preparation to become the nation’s top economic policymaker. Those plans were released on Saturday…