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

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

The debt downgrade does nothing to impair the reserve currency status of the U.S. dollar. Given the massive short position on ...

After the debt limit was reinstated in January, Treasury Secretary Janet Yellen — in one of her last acts in the position — said the agency would institute “extraordinary measures ...