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 ...

The debt ceiling, which caps how much money the Treasury can owe to pay the country’s bills, was reestablished earlier this month after being suspended for the past year and half. The national ...

“I’m not wed to any of them,” he said. Striking a deal with Democrats to raise the debt ceiling would enrage the House’s conservative hard-liners. But President-elect Donald Trump — who ...