WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay ...

The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary ...

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the ...

President Trump hailed an agreement with Britain as a breakthrough — but far tougher negotiations, including with China, ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

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

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.

President Trump issued Friday his clearest sign yet of his desire to de-escalate the trade war he started with China last ...

There is a "reasonable probability" the United States will hit its borrowing limit in August when Congress is in recess, ...

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...

Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to ...