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Yellen warns of 'catastrophe' if Congress doesn't handle debt ceiling issue

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Yellen warns of 'catastrophe' if Congress doesn't handle debt ceiling issue

U.S. Treasury Secretary Janet Yellen says there is an "enormous amount at stake" in Congress raising the debt ceiling, just a few days after the Senate passed a bill that would extend the debt ceiling to Dec. 3. Congress will have to deal with it again in two months.

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Yellen warns of 'catastrophe' if Congress doesn't handle debt ceiling issue

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Yellen warns of 'catastrophe' if Congress doesn't handle debt ceiling issue

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