Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a letter ...

Treasury Secretary Scott Bessent took issue with the Congressional Budget Office's scoring of the "One Big Beautiful Bill," ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

U.S. Treasury Secretary Scott Bessent on Friday offered his take on the bond market’s moves, after many analysts said a surge in Treasury yields was ...

Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt.