The showdown between Democrats and Republicans over the debt ceiling shows no signs of abating, with neither side willing to back down in spite of an 18. 06.10.2021, Sputnik International
The Biden administration can mint a $1 trillion coin at the last minute if Treasury Secretary Janet Yellen should decide to use that option to safeguard the nation s debt.
Treasury Secretary Janet Yellen said she is against the $1 trillion dollar coin idea, which has been floated around as a way to curb the impending debt ceiling, calling it a "gimmick" in a CNBC.