Janet Yellen is announcing that she's planning to take "extraordinary measures"

By Free Republic | Created at 2025-01-18 15:32:51 | Updated at 2025-01-22 07:01:52 3 days ago
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Janet Yellen is announcing that she's planning to take "extraordinary measures"
MSN ^ | 1/18/2025 | Staff

Posted on 01/18/2025 7:22:09 AM PST by ABStrauss

Outgoing Treasury Secretary Janet Yellen is announcing that she's planning to take "extraordinary measures" to save the U.S. economy beginning on January 21 — the day after President-elect Donald Trump will officially begin his second term in office. Politico reported Friday that Yellen made the announcement in a letter to congressional leaders including House Speaker Mike Johnson (R-La.), Senate Majority Leader John Thune (R-S.D.), House Minority Leader Hakeem Jeffries (D-N.Y.) and Senate Minority Leader Chuck Schumer (D-N.Y.). The letter comes as the United States prepares to reach the statutory limit on borrowing, which Yellen wrote last month would happen between January 14 and January 23. She warned in that letter that the Department of the Treasury would need to take "extraordinary measures" in order to avoid a debt default, should Congress fail to raise the debt ceiling before then.

(Excerpt) Read more at msn.com ...


TOPICS: Crime/Corruption; Government
KEYWORDS: yellin
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Our economy will sorely miss this old incompetent windbag!

1 posted on 01/18/2025 7:22:09 AM PST by ABStrauss


To: ABStrauss

Congress...do your job. Raise the ceiling or get rid of it.

Need to find out what Johnson is doing.

2 posted on 01/18/2025 7:24:15 AM PST by Sacajaweau


To: ABStrauss

Was there even one single Biden-selected gubmit official that had any measurable competence?


3 posted on 01/18/2025 7:26:22 AM PST by Da Coyote


To: ABStrauss

“extraordinary measures”??

Gonna go to a salon for a proper hair cut?


4 posted on 01/18/2025 7:27:36 AM PST by SMARTY (In politics, stupidity is not a handicap. Napoleon Bonaparte I)


To: ABStrauss

So, she’s going to try to pull the rug out from under everything?

Be gone, w!tch!


5 posted on 01/18/2025 7:28:07 AM PST by Jane Long (Jesus is Lord!)


To: ABStrauss

If there was never a better reason to sack the old hag...


6 posted on 01/18/2025 7:29:35 AM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)


To: ABStrauss

Incompetent Yellen’s entire tenure was scheming on how to kick the economic time bomb down the road. They got it just past the election with the help of RINOs.

By the way, Yellen is now a private citizen. She has no role other than to try and hang her devastation on Trump.


7 posted on 01/18/2025 7:30:28 AM PST by Obadiah (There's a bustle in your hedgerow.)

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