Bessent urged Congress to raise or suspend the debt limit by mid-July, to "protect the full faith and credit of the United ...

Bessent told House Speaker Mike Johnson that it isn't possible to predict exactly when room under teh current cap will run out, but that it's clear it will happen while Congress gone during their ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

Treasury Secretary Scott Bessent warned Speaker Mike Johnson on Friday to raise the debt ceiling by mid-July, in case the ...

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

Scott Bessent confirmed to Congress that no negotiations with China over tariffs have occurred since Trump announced a ...

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

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.

At the Milken conference, Scott Bessent emphasized how tariffs, tax cuts, and deregulation will solidify America as 'the home ...

The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...