CNBC reports that Treasury Secretary Janet Yellen sent a warning letter Friday to Congress, informing them of the possibility that the U.S. will reach its January 19 debt ceiling. She also encouraged Congress to act quickly to preserve the United States’ full faith and credit.

Yellen addressed the letter to Kevin McCarthy (R.-Calif.), Hakeem Jeffries (D.N.Y.), Chuck Schumer (D.N.Y.), Mitch McConnell, (R.Ky.).

The Treasury Secretary…


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