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Treasury’s Yellen says U.S. spending deal respects debt ceiling as lawmakers race to prevent shutdown

From kitco.com

U.S. Treasury Secretary Janet Yellen told reporters on Monday afternoon that she believes the top-line federal spending deal reached by congressional leaders on Sunday is consistent with last June's debt ceiling agreement, according to a Reuters report. Yellen was speaking at the Washington headquarters of the Financial Crimes Enforcement Network (FinCEN). The Treasury Secretary said she was encouraged by the deal announced on Sunday evening by Republican House Speaker Mike Johnson and Democrat Senate Majority Leader Chuck Schumer, but she didn’t know whether or not another federal government shutdown could be ... (full story)

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