Elon Musk’s cost-cutting team sought access to the government’s vast payment system, part of its bid to choke off federal ...

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

Bessent has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Job Act that are set to expire Dec. 31.

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...

Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...

President Donald Trump is remaking the traditional boundaries of Washington, asserting unprecedented executive power and ...

As she exited the job, Treasury Secretary Yellen urged Congress to increase or suspend the debt ceiling—and detailed actions ...

The day after President Donald Trump takes office, the U.S. Treasury said it will employ "extraordinary measures" to avoid ...

Treasury Secretary Janet Yellen initiates "extraordinary measures" to avoid hitting the debt ceiling before leaving office, ...

the U.S. Treasury said it will employ "extraordinary measures" to avoid hitting the debt limit. In a letter, outgoing ...

and the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing ...