News

Despite warnings that the U.S. could run out of money by July, Scott Bessent insisted the country will not default on its ...
U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information ...
On Capitol Hill, that deadline is more than a bookkeeping entry. Republican leaders have tied their sweeping bill covering ...
U.S. Treasury Secretary Scott Bessent didn't have an estimated X-date, the time at which the Treasury expects to run out of ...
Once the US Treasury's so-called "extraordinary measures" or special accounting techniques are exhausted, the US government will face the risk of debt default unless legislators and the President ...
TBAC advises eliminating the Debt Ceiling to curb market volatility, cut taxpayer costs, and prevent economic risks tied to ...
The Treasury's primary dealers say they would prefer to end the federal debt ceiling, minutes of the Treasury Borrowing ...
Senator Cynthia Lummis said on Friday that the BITCOIN Act legislation she introduced last year is the only way to stop the ...
A debt ceiling extension expired on Jan. 1 and Treasury has been employing extraordinary cash management measures to continue ... U.S. Treasury Secretary Scott Bessent told senators during his ...