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 ...

Treasury Secretary Scott Bessent told lawmakers Tuesday that a fresh estimate of when the United States will run out of cash ...

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 didn't have an estimated X-date, the time at which the Treasury expects to run out of ...

The Trump administration is set to garnish the wages of the 5.3 million federal student loan borrowers in default in just a few months.

Wage garnishment for defaulted student loans has officially resumed. Here’s who’s at risk, how it works, and what borrowers ...

Yet there are reasons to fear that his policies will render Americans permanently poorer — at least, relative to the level of prosperity they might have otherwise attained. Trump’s defunding of ...

TBAC advises eliminating the Debt Ceiling to curb market volatility, cut taxpayer costs, and prevent economic risks tied to ...

The US has made trade deals with South Korea, Japan and India. Donald Trump confirmed the “potential deals” when questioned ...

The U.S. and Ukraine have announced an economic deal after a weekslong press by President Donald Trump. He wanted Kyiv to ...

WASHINGTON (Reuters) -The U.S. Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely ...

US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to grapple with, the head of the Washington-based institution said Thursday.