WASHINGTON—Treasury Secretary Janet Yellen said the U.S. will hit its borrowing limit in the middle of next month, triggering ...

Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...

For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone the issue until 2027 or 2029 (or even forever). But it was not to be.

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...

Janet Yellen warns Congress ‘extraordinary measures’ will be needed to stop US hitting debt limit - Yellen said the treasure ...

Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social ...

In a letter sent to congressional leaders on Friday, Yellen explained that the Treasury expects to reach the statutory debt ...

Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from ...