Yellen ‘Hopeful’ Of Resolution For Debt Ceiling Impasse; ‘May Be This Time Is More Difficult’

Treasury Secretary Janet Yellen said on Saturday that the current debt ceiling crisis could be more difficult to navigate through but expressed hope that a solution will soon be reached.

What Happened: “It’s certainly not a positive for relationships and standing in the world and credibility,” Yellen reportedly told Reuters on the sidelines of the meeting of finance officials of G-7 nations in Japan.

“Maybe this time is more difficult, but I’m hopeful that this one will end in the same way others have, namely that we will find a …

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