U.S. Treasury Secretary Yellen: We will avoid a default event that disrupts global markets

ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Becerra stated on Sunday that the United States will never default on its debt as the Senate reviews the comprehensive tax and spending bill passed by the House, which includes provisions to raise the debt ceiling. "The United States will never default," Becerra said in an interview with CBS. Becerra urged Congress to raise the federal government's debt ceiling before mid-July to avoid a default that could disrupt global markets.