Former GOP treasury secretaries tried defusing debt ceiling bomb in private talks with McConnell, Yellen
9/23/21
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from The Washington Post,
9/22/21:
Two former GOP treasury secretaries held private discussions this month with Treasury Secretary Janet L. Yellen and Senate Minority Leader Mitch McConnell (R-Ky.) hoping to resolve an impasse over the debt limit that now threatens the global economy, according to four people aware of the conversations.
The backchanneling by Mnuchin and Paulson — who had previously worked together at Goldman Sachs — reflects the widespread alarm among economists and U.S. business interests about the consequences of an unprecedented default on the federal debt.
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