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

The US treasury is expected to surpass its $36 trillion debt ceiling, a problem that President Trump may have to face on his ...

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

Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.

WASHINGTON (AP) — In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking ...

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...

The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.

Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off ...

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

The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a ...

She sent a letter in late December to lawmakers stating that Treasury expected to hit the statutory debt ceiling between Jan. 14 and Jan. 23. And now, the agency will stop paying into certain ...