In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...

Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...

The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S.

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

Janet Yellen, the U.S. Treasury Secretary, on Friday cautioned that the government will reach its borrowing limit on Tuesday, ...

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump on.” “We should do away with it altogether,” Clyburn told CNN ...

Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish. Addressing the debt ceiling, which will be reinstated on January ...