Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.
Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.
The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...
Scott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday ...
The Northern Territory’s debt continues to climb, with Treasury now predicting the government will breach its own spending ...
A dearth of new Treasury supply could keep a lid on bond yields in the first quarter of 2025.DoraDalton/Getty Images The $36.1 trillion US debt limit was hit on Tuesday, prompting the Treasury to ...
Beyonce won the Grammy Award for best country album on Sunday for "Cowboy Carter" at a ceremony that served as a love letter ...
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  GOP faces ...
As the debt ceiling binds and cash balances shrink, this approach could delay adjustments to Treasury’s coupon-bearing debt auctions. The Treasury General Account’s balance at the Fed stood at ...
But at the very least, we need to make sure there’s a permanent resolution to the perennial debt ceiling dysfunction.” Boyle plans to introduce legislation to authorize the Treasury Department ...