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Yellen says it should be ‘unthinkable’ for the U.S. to default on its debt

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Janet Yellen, US Treasury secretary, during a news conference at the Group of Seven (G-7) finance ministers and central bank governors meeting in Niigata, Japan, on Thursday, May 11, 2023.

Bloomberg | Bloomberg | Getty Images

Treasury Secretary Janet Yellen said the idea of U.S. lawmakers letting the nation default on its debt should be “unthinkable.”

Speaking to reporters ahead of the G-7 finance ministers and central bank governors meetings in…

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