US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...
US Treasury to take 'extraordinary measures' against potential govt. default
The US Treasury Department says it will take "extraordinary measures" from January 21, so that government debt will not ...
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” ...
Trump's US Treasury pick says question of debt limit repeal is 'nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of ...
Biden administration punishes key players in major Chinese hacks of US government
The Biden administration on Friday made one final push to expose what officials say is a rampant Chinese cyber-espionage ...
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's ...
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a ...
Job of homeland security secretary is to adapt almost continuously to pressures from the department, the public and the world at large
The Department of Homeland Security’s massive bureaucracy has many critical national security functions and spends billions ...
US recovers $31 million in federal payments to dead people
The U.S. government has clawed back more than $31 million in Social Security payments that improperly went to dead people.