Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...
House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...
Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...
Members of President Donald Trump’s own party could complicate his effort to avoid a standoff over extending the nation’s ...
The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...
U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...
The cap at the time was $31.4 trillion. In a technical quirk, the US didn’t actually hit the limit on January 2 because the debt level was projected to dip that day due to the scheduled ...
“I respectfully urge Congress to act promptly to protect the full faith and credit of the United States,” she said. When the ...
Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...
Debt ceiling:What happens when the US reaches debt limit Yellen had said in late December that the debt cap would likely be reached between Jan. 14 and 23 after Congress opted against including an ...
A dearth of new Treasury supply could keep a lid on bond yields in the first quarter of 2025.DoraDalton/Getty Images The $36.1 trillion US debt limit was hit on Tuesday, prompting the Treasury to ...