Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
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 ...
Outside of occasions when the US Treasury is running down its cash pile while awaiting congressional action to raise the debt ...
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 ...
In this video, Marco from Whiteboard Finance breaks down the 2023 U.S. debt ceiling crisis and what it means for the economy, interest rates, and government spending. He explains what the debt ceiling ...
OPM also collaborates with the US Treasury to remain within the debt ceiling by borrowing from federal retirement funds when ...
After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to ...
Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...
Congresswoman Nikki Budzinski (IL-13) released the following statement on Musk’s efforts to overhaul the federal government.
As Elon Musk and his associates gain access to internal computers, Oregon Democratic Sen. Ron Wyden slammed the move and said ...