WASHINGTON – Treasury Secretary Janet Yellen said on Monday that a failure by Congress to raise the $31.4-trillion federal debt limit would cause a huge hit to the U.S. economy and weaken the dollar as the world’s reserve currency. Asked whether the U.S. Treasury could prioritize payouts to bondholders in the event of a default, Yellen told CNBC that … Continue reading Yellen says ‘no good options’ if Congress fails to raise debt ceiling