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

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

Janet Yellen, secretary of the U.S. Treasury, warned Congress that the government is likely to reach its limit on borrowing ...

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

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

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

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

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 ...

Is United States of America headed for a default in 2025? Treasury Secretary Janet Yellen has said she expects the US will ...

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 ...