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U.S. debt

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Treasury Secretary Janet Yellen stands at podium
Finance
Janet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under control
By Viktoria Dendrinou, Christopher Condon and BloombergMay 25, 2024
Skyline of Frankfurt am Main, Germany, the financial center of the country.
Finance
Debt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion ‘Reverse Yankee’ effect
By Ryan HoggMay 18, 2024
Speaker of the House Mike Johnson,
Politics
As U.S. debt soars past $34 trillion, Congress has killed off its plan to tackle the crisis
By Kevin Freking and The Associated PressMay 11, 2024
John Waldron, the president and COO of Goldman Sachs, believes the country’s lack of control over it’s debt could risk a Truss-style economic crisis, he said at Semafor’s World Economic Summit on April 18.
Finance
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
By Sunny NagpaulMay 1, 2024
Ken Griffin, chief executive officer and founder of Citadel Advisors LLC
Finance
Ken Griffin says the U.S. is being ‘irresponsible’ with national debt, and politicians are spending ‘at the expense of future generations’
By Eleanor PringleApril 2, 2024
US Federal Reserve Chairman Jerome Powell
Finance
America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a blockbuster report warns the bill is higher than believed, hitting $141T by 2054
By Eleanor PringleApril 1, 2024
BlackRock CEO Larry Fink
Finance
Larry Fink joins Jamie Dimon and Jerome Powell in sounding the alarm on ‘snowballing’ national debt: ‘The situation is more urgent than I can ever remember’
By Christiaan HetznerMarch 27, 2024
Federal Reserve chairman Jerome 'Jay' Powell
Success
Jerome Powell says remote work ‘looks like it’ll be a persistent thing’
By Christiaan HetznerFebruary 5, 2024
Jodey Arrington
Politics
‘We’re all in this boat together. The boat is sinking’: House GOP moves to tackle $34 trillion national debt with bipartisan commission
By Kevin Freking and The Associated PressJanuary 19, 2024
Did Fitch ditch its credibility by playing politics? Here’s why rating agencies have a knack for getting it wrong
Commentary
Did Fitch ditch its credibility by playing politics? Here’s why rating agencies have a knack for getting it wrong
By Jeffrey Sonnenfeld and Steven TianAugust 3, 2023
Everything you need to know about Fitch’s downgrade of U.S. debt
Finance
Everything you need to know about Fitch’s downgrade of U.S. debt
By Christopher Rugaber and The Associated PressAugust 3, 2023
Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’
Finance
Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’
By Will DanielAugust 2, 2023
Republican House Speaker McCarthy wants a new commission to tackle U.S. debt, but Democrats worry it’s a plan to pursue ‘ideological trophies’
Politics
Republican House Speaker McCarthy wants a new commission to tackle U.S. debt, but Democrats worry it’s a plan to pursue ‘ideological trophies’
By Kevin Freking and The Associated PressJune 9, 2023
Ex–Obama adviser blasts Biden’s ‘reckless’ student loan forgiveness as ‘pouring roughly half trillion dollars of gasoline on the inflationary fire’
Personal Finance
Ex–Obama adviser blasts Biden’s ‘reckless’ student loan forgiveness as ‘pouring roughly half trillion dollars of gasoline on the inflationary fire’
By Tristan BoveAugust 25, 2022
Mitch McConnell expected to offer short-term deal to raise debt ceiling
Finance
Mitch McConnell expected to offer short-term deal to raise debt ceiling
By Erik Wasson and BloombergOctober 6, 2021
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