Yellen warns of ‘constitutional crisis’ if Congress fails to act on debt

WASHINGTON  -U.S. Treasury Secretary Janet Yellen on Sunday issued a stark warning that a failure by Congress to act on the debt ceiling could trigger a “constitutional crisis” that also would call into question the federal government’s creditworthiness. Yellen sounded the alarm over possible financial market consequences if the debt ceiling is not raised by … Continue reading Yellen warns of ‘constitutional crisis’ if Congress fails to act on debt