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 ...

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

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

Yellen – or the acting agency leader if the ... Just how long Congress has to handle its debt ceiling dilemma depends heavily on the amount of federal tax revenue collected this spring, the ...

“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 ...

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

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

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

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