US Treasury Secretary Janet Yellen will provide Congress with an update within the next two weeks on how close the US is to defaulting on its financial obligations, Bloomberg reports.
“I don’t want to be specific about when we do updates — when we think we have more information, but certainly within the next couple of weeks,” Yellen told Bloomberg in an interview on Saturday.
On May 1, she wrote to legislators that her department may run out of money as early as June 1.

















