Congress needs to act by this summer to raise the nation’s debt ceiling.
The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.
Treasury Secretary Janet Yellen suggested in a letter to Congress on Friday that the department doesn’t think the U.S. will ...
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
The Treasury Department may need to take “extraordinary measures” by as early as Jan. 14 to prevent the US from defaulting on ...
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 avoid ...
The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.