Bessent urged Congress to raise or suspend the debt limit by mid-July, to "protect the full faith and credit of the United ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

Bessent told House Speaker Mike Johnson that it isn't possible to predict exactly when room under teh current cap will run out, but that it's clear it will happen while Congress gone during their ...

Treasury Secretary Scott Bessent warned Speaker Mike Johnson on Friday to raise the debt ceiling by mid-July, in case the ...

Scott Bessent confirmed to Congress that no negotiations with China over tariffs have occurred since Trump announced a ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

Secretary Scott Bessent twice testified in front of congressional committees earlier this week that the Treasury’s debt ...

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Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

At the Milken conference, Scott Bessent emphasized how tariffs, tax cuts, and deregulation will solidify America as 'the home ...

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