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U.S. Treasury’s Yellen says she still wants bipartisan debt limit hike

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FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a news conference with Irish Finance Minister Paschal Donohoe at Government buildings in Dublin, Ireland, November 1, 2021. REUTERS/Clodagh Kilcoyne

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday she still believes Congress should pass a debt limit deal on a bipartisan basis and that both Democrats and Republicans understand the consequences of a default on U.S. debt if they do not.

Asked during an interview with the Marketplace program on National Public Radio if she would support Democrats passing a debt limit without Republican votes, Yellen said: “I want it to be done. I believe that both Republicans and Democrats should do it. It’s a kind of housekeeping chore.”

Reporting by David Lawder; Editing by Chris Reese

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