The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government spending. The investor and hedge fund manager, who cleared the Senate on Monday ...

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  GOP faces ...

The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

As she exited the job, Treasury Secretary Yellen urged Congress to increase or suspend the debt ceiling—and detailed actions ...

Key Points ・Department of Education is increasing its direct monitoring of student loan servicers ・More accountability on ...

Treasury Secretary Janet Yellen initiates "extraordinary measures" to avoid hitting the debt ceiling before leaving office, ...

Janet Yellen said her agency will start taking "extraordinary measures," or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on Jan. 21, in a letter sent ...