Yellen says having a debt ceiling has become increasingly damaging to U.S. By Reuters

© Reuters. Treasury Secretary Janet Yellen attends the Home Monetary Providers Committee listening to in Washington, U.S., September 30, 2021. Al Drago/Pool through REUTERS/Recordsdata

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen stated on Thursday she was happy the Senate was shifting towards suspending the debt restrict however she added that having a debt ceiling has change into more and more damaging to the USA.

“It is led to a sequence of politically harmful conflicts which have prompted People and world markets to query whether or not or not America is critical about paying its payments,” she instructed CNN in an interview.

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