Yellen Sends New Warning Letter About Default...to the Wrong Person

Spencer Brown / Townhall Tipsheet

 

Secretary of the Treasury Janet Yellen sent yet another letter to House Speaker Kevin McCarthy (R-CA) on Monday afternoon, again warning that the United States is growing ever closer to defaulting on its debt unless a bill is passed by Congress and signed by President Joe Biden to increase the nation's debt limit. 

Notably, Yellen continues sending these letters to McCarthy — the man who, along with House Republicans, already passed a bill that would raise the debt ceiling and avoid default — while failing to dispatch similarly snide letters to President Biden or Senate Majority Leader Chuck Schumer (D-NY). Perhaps a letter could have been sent to Biden scolding him for spending more than two months earlier this spring ignoring requests to negotiate from McCarthy as a default loomed? Or a letter to Leader Schumer asking why he and Democrats in the upper chamber didn't put together any sort of a plan to avoid default? Read more and see tweet here.