While China is poised to gradually diversify its foreign exchange reserves away from US dollar assets in line with shifts in ...

Treasury bills investors are starting to maneuver around those securities maturing in August after Treasury Secretary Scott ...

House GOP plows ahead to advance key components of its bill to fund Trump’s agenda -- including taxes and Medicaid cuts -- ...

Even granting that view, however, opening talks won’t be enough to fix the long-term economic problems between the U.S. and ...

Investment firm DoubleLine released a conversation earlier this week featuring none other than the “bond king” himself, DoubleLine founder and Chief Executive Jeffrey Gundlach, and Bianco ...

Treasury Secretary Scott Bessent warned congressional leaders on Friday that the United States could exhaust its borrowing ...

The Trump administration has exhausted its authority to issue new incremental debt to pay for obligations like Treasury-bond interest payments and Social Security checks. The Treasury still has ...

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

U.S. Treasury Secretary Scott Bessent has urged Congress to raise the federal debt ceiling by mid-July to prevent a potential ...

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.