Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.

Scott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday ...

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

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

Trump and Musk could use sensitive Treasury information to punish their enemies. Worse yet, they could break America’s ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

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 ...

Beyonce won the Grammy Award for best country album on Sunday for "Cowboy Carter" at a ceremony that served as a love letter ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...

Outside of occasions when the US Treasury is running down its cash pile while awaiting congressional action to raise the debt ...