The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...

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

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald ...

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

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

U.S. Treasury Secretary Janet Yellen said that the government would reach its statutory borrowing limit on Tuesday and would ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

Bond yields, which move inversely to prices, have been climbing. The yield on 10-year U.S. Treasury bonds has risen more than ...

Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social platform.

Donald Trump's nominee for Treasury chief spoke Thursday of ushering in "a new economic golden age," as he faced grilling by ...