White House calls on Congress to act following Treasury Sec. Yellen’s warning of default

White House Press Secretary Karine Jean-Pierre said Treasury Secretary Janet Yellen’s warning of an impending government default should be a “wake up call to Congress.” On Monday, Sec. Yellen warned that the government could default as soon as June 1. “It is time for the speaker and the MAGA Republicans to stop the brinksmanship and act to prevent default, which would have devastating consequences on our economy and the American people,” said Jean-Pierre.