The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...

The S&P 500 Index has declined by -14.1%, and the U.S. Dollar Index has fallen by -10%, indicating a loss of confidence in US ...

The United States is on track to hit its statutory debt ceiling -- the so-called X-date when the country runs short of money to pay its bills-- as early as August without a deal between lawmakers and ...

After the debt limit was reinstated in January, in one of her last acts as Treasury Secretary, Janet Yellen said Treasury would institute “extraordinary measures ” intended to prevent the ...

Treasury secretary Janet Yellen, in one of her final major acts ... "extraordinary measures" on Tuesday to avoid hitting the debt limit. Why it matters: The first full day of the Trump 2.0 ...

Treasury Secretary Janet Yellen said Friday she expects the ... Yellen wrote in a letter to congressional leadership. The debt limit has been suspended since June 2023 when Congress passed a ...

Lawmakers agreed in June 2023 to suspend the $31.4 trillion debt limit until Jan. 1, 2025. Janet L. Yellen, the Treasury secretary under President Joseph R. Biden Jr., told Congress in mid-January ...

Treasury Secretary Janet Yellen said her agency will need to start ... Trump's core debt demand to raise or suspend the nation's debt limit. The bill was approved by Congress only after fierce ...