The U.S. Treasury officially suspended some investments of federal employee pension funds as part of the "extraordinary measures" the government will need to take to keep the country funded while Congress reconsiders the statutory debt limit.
In a letter to House Speaker John Boehner, R-Ohio, sent Friday, Treasury Secretary Jack Lew "respectfully" urged Congress to raise the debt limit as soon as possible.
Lew issued a "debt issuance suspension period," affecting the Civil Service Retirement and Disability Fund and the investment of Treasury securities held in Federal Employees' Retirement System Thrift Savings Plan.
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