US may hit new debt limit by Jan. 14, Treasury Secretary Janet Yellen warns Congress
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US may hit new debt limit by Jan. 14, Treasury Secretary Janet Yellen warns Congress

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Treasury Department may need to take “extraordinary measures” by as early as Jan. 14 to prevent the US from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers in a letter on Friday. Yellen urged lawmakers in Congress to act “to…

GOP panel demands Treasury records on ‘fraudulent’ Dem donations
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GOP panel demands Treasury records on ‘fraudulent’ Dem donations

A Republican-led House committee fired off a letter to the Treasury Department on Friday that demanded access to any Suspicious Activity Reports (SARs) as part of a new investigation into a Democratic fundraising platform’s “potentially fraudulent” donations. House Oversight Committee Chairman James Comer (R-Ky.) wrote to Treasury Secretary Janet Yellen,…

US President Said to to Sign New Order to Limit US Tech Investments in China by Mid-August

US President Said to to Sign New Order to Limit US Tech Investments in China by Mid-August

US President Joe Biden is planning to sign an executive order to limit critical US technology investments in China by mid-August, according to people familiar with the internal deliberations. The order focuses on semiconductors, artificial intelligence and quantum computing. It won’t affect any existing investments and will only prohibit certain…