Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

NPR Financial Correspondent Maria Aspan, Host of "Politics Nation" Rev. Al Sharpton, and President of Media Matters for America Angelo Carusone join Nicolle Wallace to discuss the latest flip flop ...

President Trump has floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting as he looks to deescalate ...

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

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

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

China and the U.S. plan to hold long-awaited trade talks in Switzerland this weekend. Here are the key officials that are expected to participate. Scott Bessent, U.S. Treasury Secretary: The Treasury ...

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 ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...