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

The Associated Press on MSN · 59m

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 · 8h

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

USA TODAY on MSN · 7h

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August,

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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 ...

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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.

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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 ...

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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 ...

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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 ...

Public Broadcasting Service (PBS)3d

WATCH: Treasury Secretary Bessent testifies on the White House’s 2026 budget request

Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January.

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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.

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US Treasury's Bessent says China 'negotiations' to start Saturday without Navarro

U.S. Treasury Secretary Scott Bessent on Wednesday described a meeting with Chinese officials on trade starting on Saturday ...

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Scott Bessent tells tariff-bashing Wall Street bigwigs to ‘never bet against America’ — despite growing fears

Bessent, 63, gave a full-throated defense of the commander-in-chief’s America First agenda, predicting that Trump’s trade, ...

Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill

Scott Bessent has slammed the Senate for blocking the GENIUS Act, warning it weakens U.S. crypto leadership ahead of the 2026 ...

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