Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury ...
The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
Treasury Secretary Janet Yellen said ... The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.
Gold revaluation gives the Treasury new options though. As described above, paying down Treasury bills could lengthen the maturity of the Treasury’s debt. In addition, the Fed’s holdings of Treasury ...
The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...
At the helm of US debt management policy for the first time, Bessent left broadly intact former Secretary Janet Yellen’s agenda. The Treasury will next week sell $125 billion of debt in its so ...