Russian Finance Minister: Lew, Bernanke Told G20 Officials Debt Ceiling Stalemate Will Be Resolved Before Oct. 17

Situation in the U.S. has many around the world worried

(Reuters)—U.S. Treasury Secretary Jack Lew and Federal Reserve Chairman Ben Bernanke told officials of other G20 economies on Thursday that the standoff over the U.S. debt ceiling will be resolved before an October 17 deadline, Russia's Finance Minister Anton Siluanov said.

The U.S. Treasury has said it could quickly run out of cash if the cap on U.S. borrowing authority is not raised by October 17.