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

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

U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by mid-July to ...

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

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

Scott Bessent has slammed the Senate for blocking the GENIUS Act, warning it weakens U.S. crypto leadership ahead of the 2026 ...

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

President Donald Trump plans to nominate attorney Jonathan McKernan as the Treasury Department’s head of domestic finance, ...

There is a "reasonable probability" the United States will hit its borrowing limit in August when Congress is in recess, ...

Treasury Secretary Scott Bessent wrote in a letter to congressional leaders that “there is a reasonable probability” the government’s cash “will be exhausted in August while Congress is scheduled to ...

McKernan previously served on the FDIC and held senior roles at the Federal Housing Finance Agency, the Senate, and the Treasury Department.