Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025.

Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- ...

Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special accounting ...

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...

“Treasury expects to hit the statutory debt ceiling between January 14 and January 23,” Yellen wrote in a letter addressed to House and Senate leadership, at which point extraordinary measures ...

Yellen said Friday. In a letter to members ... a limit known as the “debt ceiling.” Failing to lift the debt limit could have catastrophic consequences for the global economy, as the U.S ...

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for ...

Yellen’s letter comes after Trump last week sought, unsuccessfully, to get Congress to raise the debt ceiling — or even scrap it entirely — under Biden’s watch before Trump takes office ...