Federal Reserve Chair Jerome Powell said it is 'very important' for Congress to raise the debt ceiling in a timely fashion, and no one should assume that the central bank can fully protect the economy or financial markets in the event of a U.S. debt default. #JeromePowell #DebtCeling #News #Reuters #Congress Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: http://reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en