WASHINGTON — Treasury Secretary Janet Yellen said her ... the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government ...

Elon Musk’s Department of Government Efficiency is letting his glitchy Grok AI chatbot sift through potentially sensitive ...

A softening Treasury bond market and surprise downgrade Friday of U.S. creditworthiness are the latest forces weighing on the GOP megabill — an unmistakable nudge to lawmakers that investors are ...

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

Victoria McGrane - profile from The Wall Street Journal. News, articles, biography and photos.

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WASHINGTON - The House Ways and Means Committee will have its moment in the reconciliation spotlight on Tuesday when it meets ...

The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday. Related video above: President Trump's ...

The debt limit was last suspended by Congress as part of a bipartisan bill struck between former President Biden and GOP leadership in 2023, staving off the threat of national default through early ...

The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank forecasted ...

Treasury Secretary Janet Yellen said Friday the nation will hit ... after a previous roughly 20-month suspension of the debt limit expired earlier this month. The Treasury Department can use ...

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury ...