The U.S. defaulting on its financial obligations would have catastrophic and worldwide consequences. Some financial experts have even predicted that it could trigger a worldwide downturn equal to the ...

Discover how Treasury Secretary Bessent’s strategies improved bond market liquidity and managed $1.8T debt efficiently.

The U.S. Treasury is widely expected this week to announce its intention to keep note and bond auction sizes unchanged over ...

We're on course to spend $1 trillion just on interest payments on the national debt this year, exceeding our spending on our ...

Without a speaker, lawmakers cannot formally certify Donald Trump's win, raising personal stakes for the president-elect to ...

It’s tough to decide what the most appalling part is of today’s announcement from the Treasury: that we surpassed an ...

President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...

From the White House to Congress, lawmakers are hashing it out on how to solve the nation's massive debt crisis -- and the negotiations, shall we say, are less than pretty. President Obama is set to ...