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 ...

Treasury Secretary Janet Yellen said the federal government would hit the debt limit set by Congress on Tuesday, prompting the Treasury Department to take “extraordinary” steps to avoid a default.

The US Treasury has $133 billion of extraordinary measures left, in addition to its cash pile, to help keep paying the government’s bills, the department said, citing data as of Feb. 5.

If all of the policies assumed in the budget plan the House Budget Committee (HBC) approved on February 14 were enacted, the ...

Traders who aren't spooked by possible payment delays can pick up some extra yield by buying near the so-called X date.

Treasury Has Used More Than 60% of Its Extraordinary Measures | Measures allow government to prolong its borrowing under the debt limit So far, the US Treasury has $133 billion of extraordinary ...

China's Vice-Premier He Lifeng held a video call with US Treasury Secretary Scott Bessent ... imposition of tariffs and other restrictive measures on Chinese goods by US President Donald Trump.

Donald Trump’s first day as President will be spent grappling the US’s A$58 trillion debt ceiling with the Treasury Department forced to impose ‘extraordinary measures’ to avoid defaulting.