While China is poised to gradually diversify its foreign exchange reserves away from US dollar assets in line with shifts in ...

House Republicans are plowing ahead Tuesday to advance key components of their bill to fund President Donald Trump’s agenda - ...

Even granting that view, however, opening talks won’t be enough to fix the long-term economic problems between the U.S. and ...

Treasury Secretary Scott Bessent warned congressional leaders on Friday that the United States could exhaust its borrowing ...

The Trump administration has exhausted its authority to issue new incremental debt to pay for obligations like Treasury-bond interest payments and Social Security checks. The Treasury still has ...

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

U.S. Treasury Secretary Scott Bessent has urged Congress to raise the federal debt ceiling by mid-July to prevent a potential ...

Trump touts his UK trade deal, names Jeanine Pirro as U.S. attorney, and Pope Leo XIV's social media gets scrutiny.

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.

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