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Treasury secretary, debt ceiling and Congress

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

USA TODAY on MSN · 10h

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

The Associated Press on MSN · 2h

Treasury secretary calls on Congress to raise or suspend the debt ceiling by mid-July

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday. He is calling on Congress to either raise or suspend the debt ceiling by mid-July.

5hon MSN

Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope

The U.S. Treasury Secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland ...

12hon MSN

Trump to shift consumer watchdog pick to senior Treasury role

U.S. President Donald Trump's pick to lead the Consumer Financial Protection Bureau, Jonathan McKernan, has instead been ...

2don MSN

Treasury's Bessent says US should be 'premier destination' for digital assets

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...

MercoPress2d

US Secretary of the Treasury due in Buenos Aires next week

US Secretary of the Treasury Scott K.H. Bessent will arrive ... the relationship between the United States and Argentina is stronger than ever. I look forward to our positive discussions about ...

Stocks gain as investors await trade deal between the U.S. and U.K.

The potential trade deal comes as the Trump administration says it's also negotiating with many other trade partners.

1don MSN

Treasury sanctions Chinese refinery, 3 port companies for buying, delivering Iranian oil

The Treasury Department sanctioned a Chinese refinery and three port operators for dealing with Iranian oil in violation of U ...

Tuko News on MSN3d

No signs of US recession, Treasury Secretary says

There are currently no signs that the United States has entered a recession despite the world's largest economy recording a ...

Cryptopolitan on MSN1d

Ripple’s Brad Garlinghouse addresses Treasury’s Bessent and calls for clear crypto and stablecoin regulation

Ripple CEO Brad Garlinghouse urges U.S. lawmakers to pass clear crypto and stablecoin regulations after the Senate fails to ...

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