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[Music] foreign [Music] welcome to BWC news I am Elizabeth treasury secretary Janet Yellen said Tuesday in a letter to Congressional leaders that the treasury Department will stop investing the full amount of a government investment vehicle for federal employees Yellen said the treasury will retain funds originally invested in the government securities investment fund of the Thrift Savings fund which allows government employees to invest in interest bearing U.S Securities as part of their retirement savings this is the latest in a series of unconventional measures the treasury Department has taken to pay the governments bills Yellen outlined other similar measures in a January 19th letter to lawmakers as we all know the United States hit the debt ceiling the treasurys unconventional measures May boost the systems liquidity thus weakening the federal reserves monetary tightening efforts the debt ceiling is causing a series of reactions that could cause a rapid drawdown of reserves