Gate News bot message, U.S. Treasury Secretary Besent: (on the debt ceiling) We are expected to vote as planned on Friday. There will be no default on national debt. The debt ceiling is approaching the warning line. President Trump is reaching a tax protocol and trade protocol. If the court intervenes in Trump's tariff measures, the X date of the debt ceiling may change.
We can complete the trade protocol after the tax law is passed on July 4th. I am confident that the U.S. House of Representatives will pass the Senate's bill, they are in a favorable position.
Message Source: Golden Ten
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Last edited on 2025-06-24 18:05:40
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US Treasury Secretary Yellen: Expected to vote on debt ceiling as planned on Friday
Gate News bot message, U.S. Treasury Secretary Besent: (on the debt ceiling) We are expected to vote as planned on Friday. There will be no default on national debt. The debt ceiling is approaching the warning line. President Trump is reaching a tax protocol and trade protocol. If the court intervenes in Trump's tariff measures, the X date of the debt ceiling may change.
We can complete the trade protocol after the tax law is passed on July 4th. I am confident that the U.S. House of Representatives will pass the Senate's bill, they are in a favorable position.
Message Source: Golden Ten