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

NPR Financial Correspondent Maria Aspan, Host of "Politics Nation" Rev. Al Sharpton, and President of Media Matters for America Angelo Carusone join Nicolle Wallace to discuss the latest flip flop ...

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

Scott Bessent has slammed the Senate for blocking the GENIUS Act, warning it weakens U.S. crypto leadership ahead of the 2026 ...

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

President Trump hailed an agreement with Britain as a breakthrough — but far tougher negotiations, including with China, ...

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

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.

Many Trade Deals in the hopper, all good (GREAT!) ones!,” President Donald Trump posted Friday on his social media app Truth ...

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

The concession would be a dramatic break from the present reality, which has sent shipments from China into the United States ...

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...