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Janet Yellen, Treasury and debt ceiling
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
Janet Yellen says Treasury will take 'extraordinary measures' to avoid hitting debt ceiling Jan 21
It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month
US Treasury To Start Measures To Avoid Debt Default On Jan 21
The US Treasury Department is expected to take measures next week to avoid a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
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.
Trump, Treasury
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump's Treasury Secretary pick to face big questions at confirmation hearing
Trump Treasury Secretary nominee Scott Bessent faces a Senate panel on Thursday and can expect grilling from a Democratic watchdog of Wall Street.
4h
on MSN
Treasury Department recoups $31 million in improper government payments to dead people
The Treasury Department announced this week that it had recouped more than $31 million in fraud and improper payments to dead ...
9h
US Treasury Department imposes sanctions on Chinese company over Salt Typhoon hack
The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kechen and cybersecurity company Sichuan ...
6h
on MSN
5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...
4h
on MSN
Biden administration punishes key players in major Chinese hacks of US government
The Biden administration on Friday made one final push to expose what officials say is a rampant Chinese cyber-espionage ...
2d
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
8h
on MSN
US Sanctions Chinese Entities Behind Telecoms, Treasury Hacks
The Biden administration on Friday announced sanctions on two Chinese entities accused of cyberattacks, including a firm it ...
5h
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
9h
on MSN
China-linked hackers accessed over 400 US Treasury computers, including Janet Yellen's
We’ve been reporting on a Chinese hacking group infiltrating the US Treasury Department and now we have more information. It ...
2d
on MSN
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
4d
on MSN
More alleged Chinese intrusions into the US Treasury revealed
In a separate recent attack, Chinese group Salt Typhoon allegedly breached 9 major telecommunications firms in a huge ...
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