Crisis** looms as Treasury Secretary Janet Yellen warns of imminent challenges to the U.S. financial system if Congress fails to act on the debt ceiling. In a letter to congressional leaders, Yellen ...

The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to "act to protect the full faith and credit" of the ...

Congress needs to act by this summer to raise the nation’s debt ceiling.

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

Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal ...

Treasury Secretary Janet Yellen suggested in a letter to Congress on Friday that the department doesn’t think the U.S. will need to take “extraordinary measures” on Jan. 2 to ...

The Treasury Department may need to take “extraordinary measures” by as early as Jan. 14 to prevent the US from defaulting on ...

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

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by ...

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...