Yellen, in a letter on Friday to congressional leaders just three days before the Biden administration turns over US government control to President-elect Donald Trump and his team, said the Treasury ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point ...

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

Outgoing Treasury Secretary Janet Yellen is announcing that she's planning to take "extraordinary measures" to save the U.S.

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.

In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking "extraordinary measures," or ...

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury ...

In our shared human struggles, we ordinary men and women created something extraordinary: a cathedral of flesh. With La Horde—our informal fellowship of axe carpenters—I remember a day ...