Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and ...

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...

She sent a letter in late December to lawmakers stating that Treasury expected to hit the statutory debt ceiling between January 14 and January 23. And now, the agency will stop paying into certain ...

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a ...

The US treasury is expected to surpass its $36 trillion debt ceiling, a problem that President Trump may have to face on his ...

The debt ceiling caps how much money the Treasury Department can owe to pay the country’s bills. Congress last agreed to suspend the debt ceiling for roughly a year and a half as part of a ...

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

The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.

Yellen said the Treasury would suspend investments in two government employee benefit funds through March 14, to claw back borrowing capacity under the $36.1 trillion debt ceiling. As of Thursday ...