US Treasury Secretary Janet Yellen has warned in a letter to Congress that the US could hit its debt limit as early as January 14. The federal...

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting maneuvers intended to...

WASHINGTON (Sputnik) – The United States is expected to reach a new debt limit between January 14-23, the Secretary of the Treasury Janet Yellen...

The federal debt currently stands at roughly $36 trillion — which ballooned across both Republican and Democratic administrations.

Treasury secretary says ‘extraordinary measures’ needed to avoid default, and urges lawmakers to raise borrowing limit

December 27, 2024 The Honorable Mike Johnson Speaker U.S. House of Representatives Washington, DC  20515 Dear Mr. Speaker: I write to apprise you of...

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.