Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

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 ...

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 ...

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

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

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

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

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

Bessent said that will depend on our "trading ... Raising the debt ceiling is included in the massive party-line bill Republicans in Congress are working on to implement Trump's agenda.

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...