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Failing to lift America’s borrowing limit would be a ‘disastrous’ event that would trigger ‘financial crisis and calamity,’ Treasury Secretary Janet Yellen, in joint Senate testimony with Federal Reserve Chairman Jerome Powell, told lawmakers.
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#Yellen #JanetYellen #JeromePowell #FinancialCrisis #Default #Debt #US #USEconomy #Senate #News #Reuters
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