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 ...

Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid 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 is expected to surpass its $36 trillion debt ceiling, a problem that President Trump may have to face on his ...

The day after President Donald Trump takes office, the U.S. Treasury said it will employ "extraordinary measures" to avoid ...

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.

The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month ...