U.S. Treasury Secretary Janet Yellen's strategy of relying heavily on short-term debt financing could create significant ...

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

Janet Yellen, the first female U.S. Treasury Secretary ... Along with overseeing public debt and enforcing financial regulations, she also oversees the minting of coins and the printing of ...

But the clock is nevertheless now ticking, with Treasury Secretary Janet Yellen recently outlining the steps ahead for the debt limit and noting that so-called "extraordinary measures" could begin ...

Treasury Secretary Janet Yellen has announced that the United States is expected to hit its debt ceiling by mid- or late January, setting the stage for a potential financial crisis if Congress fails ...

The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

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

For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone ...

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

Treasury Secretary Janet Yellen is urging Congress to act as the debt ceiling deadline approaches. In a letter to Speaker of the House Mike Johnson, Yellen says the government will likely reach its ...