Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will need to begin "extraordinary measures" on Tuesday to avoid hitting the debt limit.

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and risking a potential catastrophic default.

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said.

The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point “extraordinary measures” will be taken to keep the US from defaulting on its obligations,

Outgoing Treasury Secretary Janet Yellen is announcing that she's planning to take "extraordinary measures" to save the U.S. economy beginning on January 21 — the day after President-elect Donald Trump will officially begin his second term in office.