Treasury chief says 'debt ceiling will be raised'

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Friday the nation's debt ceiling will be raised in September and that after talks with congressional leaders from both parties everyone is "on the same page."

"My strong preference is that we have a clean debt ceiling (increase), but the most important issue is the debt ceiling will be raised in September," Mnuchin told reporters at the White House, indicating an interest in legislation that did not stray into unrelated territory.

"I have had discussions with the leaders in both parties in the House and Senate and we are all on the same page," he added. "The government intends to pay its debts and the debt ceiling will be raised."

(Reporting by James Oliphant; Writing by Tim Ahmann; Editing by Jeffrey Benkoe)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Meta eyes nonvoting shares to help fund AI spending, Semafor reports
• BofA Securities names top quantum computing stocks to watch
• Six Flags drops as Mizuho warns of balance sheet strains and cash flow deficits