Financial disclosures show that Robert F. Kennedy Jr., President Trump's Health and Human Services Secretary nominee, is ...

Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

The U.S. Treasury has taken extraordinary measures to delay breaching the federal debt limit by suspending G Fund reinvestments, extending borrowing capacity by $300 billion. Acting Treasury Secretary ...

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...

The job requires Senate confirmation. In her letter, Ms. Yellen sought to remind lawmakers that the debt limit simply allows the government to pay for spending that Congress has already approved.

U.S. Treasury nominee Scott Bessent is facing sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions ...

While both equity and treasury investors have long loved the prospect of the president-elect putting Bessent in charge of financing our $36 trillion national debt, Bessent exceeded expectations at ...

"On the debt limit, Bessent provided reassurance ... "If any officials in the Russian Federation are watching this confirmation hearing, they should know that if I'm confirmed and if President ...

Scott Bessent, Trump’s pick to be Treasury secretary, said at his confirmation hearing on Thursday that he would work with Congress to repeal the debt limit entirely if Trump wanted to do so.