“When Janet Yellen was Federal Reserve chair in 2014, she faced a grilling from Republicans about whether the federal government had a plan if the nation’s borrowing limit was breached and measures to keep paying the country’s bills were exhausted,” the New York Times reports. “Ms. Yellen, appearing at a congressional hearing, outlined a dire scenario in which financial institutions might try to make payments that they could not cover, because the Treasury Department was out of money, leading to a cascade of bounced checks.
BING NEWS:
- LZ Granderson: The Republicans are not protecting elections.
The next time Speaker Mike Johnson stands in front of a microphone to talk about election integrity, I want you to remember this: Nearly a third of voters in Louisiana ...
04/26/2024 - 12:45 am | View Link - Dozens of deaths reveal risks of injecting sedatives into people restrained by police
An investigation led by The Associated Press has found that the practice of giving sedatives to people detained by police has spread quietly across the nation over the last 15 years, built on question ...
04/25/2024 - 11:29 pm | View Link - Caleb Williams off to Bears as top overall pick
Caleb Williams is heading to the Windy City, aiming to become the franchise quarterback Chicago has sought for decades. The Bears selected Williams with the No. 1 overall pick in the NFL draft on ...
04/25/2024 - 1:23 pm | View Link - Kenosha female boxer Tovar wins nationals, earns spot at Olympic youth camp this weekend
The Kenosha teenager recently won female boxing Nationals and was selected to attend a special High Performance Youth selection camp at the Olympic training center. Tovar says she is exactly where she ...
04/25/2024 - 11:29 am | View Link - Trump NY trial testimony resumes as Supreme Court hears immunity arguments
Former President Trump returned to the Manhattan courthouse for further witness testimony in the New York v. Trump case on Thursday. Meanwhile, the U.S. Supreme Court also heard arguments in Trump's ...
04/25/2024 - 10:09 am | View Link - More
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