U.S. Treasury suspends government retirement, health fund payments as debt limit re-sets

U.S. Treasury suspends government retirement, health fund payments as debt limit re-sets






U.S. Treasury Secretary Janet Yellen answers questions during the senate Appropriations Subcommittee chance to investigate the FY22 budget honor for the Treasury Department on pedagogue Hill in Washington, DC, U.S., June 23, 2021. Greg Nash/Pool via REUTERS/Files



WASHINGTON, Aug 2 (Reuters) – U.S. Treasury Secretary Janet Yellen on weekday took added steps to preserves the federal government’s adoption power low a reinstated debt limit, suspending whatever investments in polity employee withdrawal and upbeat benefits funds.


In a honor to House of Representatives Speaker metropolis Pelosi and another congressional leaders, Yellen said she was suspending investments in the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund that are not directly required to clear beneficiaries.


Reporting by king Lawder; Editing by Leslie Adler


Our Standards: The composer Reuters Trust Principles.





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U.S. Treasury suspends polity retirement, upbeat money payments as debt bounds re-sets




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U.S. Treasury suspends government retirement, health fund payments as debt limit re-sets

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