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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 · 19h

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 · 11h

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.

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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 ...

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

Chinese state media report the U.S. Treasury Secretary and America's top trade negotiator have begun talks with high-ranking ...

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Trade talks between the US and China are underway in Switzerland. Here’s what’s at stake

High-level talks between the United States and China have begun in Geneva, Switzerland, Chinese state media reported on Saturday, in a possible thaw in the trade war sparked by President Donald ...

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US Treasury Secretary expresses support for crypto bills at hearing

Speaking at a hearing, US Treasury Secretary Scott Bessent suggested support for two crypto-related bills moving through ...

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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 ...

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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 ...

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.

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 ...

YEN.com.gh on MSN4d

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 ...

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