scott bessent treasury

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Debt limit to be hit by Aug., Bessent tells Congress

Treasury secretary calls on Congress to raise or suspend the debt ceiling by mid-July

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday. He is calling on Congress to either raise or suspend the debt ceiling by mid-July.

The Hill on MSN · 11h

Bessent urges Congress to act on debt limit by mid-July

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a

CBS News on MSN · 11h

U.S. could face default by August if Congress doesn't address debt ceiling, Bessent says

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.

2don MSN

Scott Bessent once partied with Rep. Maxine Waters in the Bahamas: ‘Better at the Electric Slide than I was’

This is the first time we’ve met, is that correct?” she asked, attempting to make a point about Bessent not being responsive ...

2don MSN

Treasury's Bessent says US should be 'premier destination' for digital assets

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...

Rep. Mark Pocan Grills Treasury Secretary Bessent: "Who Pays Tariffs?"

Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP.

3don MSN

What Treasury Secretary Scott Bessent said at the Milken event (and how his critics responded)

Diane Brady at the Milken Institute Global Conference in Los Angeles. The big story: Trump’s movie tax may have the ...

Mediaite on MSN2d

Scott Bessent Dodges Questions On Trade Negotiations In Tense Hearing Exchange: ‘Detrimental… For Me To Answer That’

Rep. Nydia Velazquez (D-NY) grilled Treasury Secretary Scott Bessent on Wednesday as he testified before the House Financial ...

3don MSN

Treasury Secretary Scott Bessent on X date, says US won't default

Treasury Secretary Scott Bessent said they are unclear still of the looming X date, when the U.S. would breach the debt ...

Treasury Secretary Scott Bessent's opening talk at the Milken conference will set the tone of the power-packed event

The biggest names in business will be hanging on the Treasury Secretary's every word.

3don MSN

Scott Bessent says US doesn't want to decouple from China ahead of scheduled meeting with Chinese counterpart

Treasury Secretary Scott Bessent gives "The Ingraham Angle" an update on trade negotiations with China and their next talks ...

Watch: Treasury Secretary Bessent Testifies With House Financial Sevices Committee

Treasury Secretary Scott Bessent will sit for his annual testimony before the House Financial Services Committee around 10:00 am. He is likely to face questions about President Trump's trade policies, ...

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