US Treasury Sec. Yellen: Debt ceiling legislation protects the full faith and credit of the United States

“Debt ceiling legislation protects the full faith and credit of the United States and preserves our financial leadership,” US Treasury Secretary Janet Yellen said after the US senate clears the debt deal to avert default.

Additional quotes

“I continue to strongly believe that the full faith and credit of the United States must never be used as a bargaining chip.”

“Treasury will continue to effectively implement the Inflation Reduction Act, including the modernization of the IRS.”

Related reads

• US Pres. Biden looking forward to signing debt-ceiling bill after the Senate passage
• EUR/USD bulls flex muscles near 1.0780 hurdle amid mixed feelings of ECB, Fed hawks, focus on US NFP