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Treasury Secretary Janet Yellen On Inflation, Congress, And The Debt Limit

US Treasury Secretary Janet Yellen speaks to the press during the COP26 UN Climate Summit in Glasgow.
US Treasury Secretary Janet Yellen speaks to the press during the COP26 UN Climate Summit in Glasgow.

America is facing its highest inflation rate in 30 years.

It’s a pain point for families – and for President Joe Biden, who’s seen his approval rating continue to slip as the trend drags on.But in the background, another – arguably larger – economic problem looms.

The nation is officially pushing beyond its debt limit – and last month, Congress punted making a decision on that issue to Dec. 3.

We put questions about both issues to Treasury Secretary Janet Yellen.

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