Yellen dismisses $1 trillion platinum coin idea for avoiding default

By Zach Halaschak

Published January 23, 2023 3:53pm ET

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Yellen dismisses $1 trillion platinum coin idea for avoiding default — Treasury Secretary Janet Yellen listens during a meeting with President Joe Biden and business leaders about the debt limit in the South Court Auditorium on the White House campus, Wednesday, Oct. 6, 2021, in Washington. | (Evan Vucci/AP)

Treasury Secretary Janet Yellen poured cold water on the idea of minting a trillion-dollar platinum coin to bypass the country’s debt limit.

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Debt Ceiling Janet Yellen National Debt Treasury Department