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Senate Finance Committee Chair Wyden Issues Statement on Avoiding Default
May 03, 2023
WASHINGTON, May 3 -- Sen. Ron Wyden, D-Oregon, chairman of the Senate Finance Committee, issued the following statement on May 1, 2023:

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U.S. Senator Ron Wyden, D-Ore., today issued the following statement after Treasury Secretary Janet Yellen notified Congress that the U.S. could default as soon as June 1st:

"A catastrophic default that would wipe out millions of jobs and crater the American economy is potentially just weeks away, and it's a . . .

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