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

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

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

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.

President Trump issued Friday his clearest sign yet of his desire to de-escalate the trade war he started with China last ...

Switzerland's president has lamented "disappointing" talks with U.S. President Donald Trump's treasury secretary that did not ...

President Donald Trump is contemplating reducing tariffs on China from 145% to 80% as U.S. and Chinese officials prepare for ...

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

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

Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to ...

On Thursday, May 8, 2025, a 24-year-old Massachusetts man was arrested for attempting to assassinate Treasury Secretary ...

President Donald Trump on Friday suggested a lower 80% tariff on Chinese goods entering the U.S. ahead of trade talks this weekend.