Yellen: Congress must address debt ceiling by June 5

Treasury Secretary Janet Yellen warned that if Congress doesn’t address the debt ceiling by June 5, the U.S. Treasury Department won’t have enough money to pay the nation’s obligations in full and on time. President Biden and House Republicans continue to negotiate a deal so the U.S. doesn’t default. Democratic Rep. Seth Moulton tells AC360 whether he thinks a deal can be reached in time.

Plus, Boston Celtics co-owner and President and CEO of Granite Telecommunications Rob Hale surprised University of Massachusetts Boston graduates with $1,000 each. He joins AC360 to discuss why giving back is so important to him. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices