Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

said Sunday that he does not believe “we’ll have a debt limit suspension” a few days after Treasury Secretary Scott Bessent called on Congress to raise the debt ceiling by the middle of the ...

While concerns about the U.S. hitting the debt ceiling are being debated, Philip Swagel, head of the nonpartisan ...

The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...

(Bloomberg) — Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its capacity to stay within the federal debt limit ...

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to ... 2025, raising concerns including increased volatility and costs, negative ...