Loading...
Market
Next U.S. Treasury Secretary After Janet Yellen by June 30, 2025
3
Resolution / Starting Odds
Current Deputy Secretary • 25%
Former Treasury official • 25%
New appointee from outside Treasury • 25%
Other • 25%
Official announcement from the U.S. government or financial news outlets
Story
Yellen Announces Treasury to Implement Extraordinary Measures on January 21 to Avoid $36 Trillion Debt Ceiling Breach
Jan 17, 2025, 10:01 PM
Outgoing U.S. Treasury Secretary Janet Yellen has announced that the Treasury Department will begin implementing 'extraordinary measures' on January 21 to avoid breaching the statutory debt limit. In a letter to congressional leaders, Yellen stated that these measures are necessary as the U.S. government is set to reach its borrowing limit on that date. The measures include halting investments into certain government funds, such as the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund. Yellen urged Congress to act promptly to increase or suspend the debt ceiling, which currently stands at approximately $36 trillion, to protect the full faith and credit of the United States.
View original story
Similar markets
Candidate C • 25%
Other • 25%
Candidate A • 25%
Candidate B • 25%
Lael Brainard • 25%
Other • 25%
Sarah Bloom Raskin • 25%
Neel Kashkari • 25%
Acting Secretary • 25%
Janet Yellen • 25%
New appointee by Trump administration • 25%
Other • 25%
Gary Cohn • 25%
Steven Mnuchin • 25%
Other • 25%
Judy Shelton • 25%
Financial regulation changes • 25%
Tax reform proposal • 25%
Sanctions on Russia • 25%
Other policy focus • 25%
Traditional Finance Professional • 25%
Other • 25%
Political Ally of Trump • 25%
Pro-Bitcoin Individual • 25%
Moderate candidate • 25%
Regulation hardliner • 25%
Crypto-friendly candidate • 25%
Other • 25%
