Alarm bells have sounded for the US and US Treasury Secretary Janet Bellin has expressed fear of the superpower defaulting soon.
According to foreign media, US Treasury Secretary Janet Yellen has written a letter to the leaders of Congress, in which it is said that if the White House and Congress do not agree on raising the national debt limit, the US will pay off its debt even before June 1. can default to
According to the U.S. Treasury Secretary, she has previously warned repeatedly that if Congress fails to raise the federal borrowing limit, it will lead to economic and financial disaster for the U.S. and dollar-dependent global economies. .
On the other hand, US President Joe Biden has also warned that if the US defaults, there will be disastrous consequences for its economy.