The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

Trump said he agreed with a longtime rival, Sen. Elizabeth Warren, on the need to abolish the federal cap on borrowing.

The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...

The Pentagon’s new press secretary is a chronically online 26-year-old white nationalist who believes in the “great ...

China has angrily responded to Trump’s accusation that the country has violated the 90-day trade truce, and says it will ...

Treasury Secretary Scott Bessent said he believes President Trump and Chinese President Xi Jinping will speak soon, after Mr.

The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with ...

The bad news is that China, perhaps not surprisingly to some, has totally violated its agreement with us," said Trump.

Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt limit deadline in the wake of a credit downgrade.

The US Treasury will stop putting new pennies into circulation at the beginning of 2026, it was announced on Thursday Pennies ...

Commerce Secretary Howard Lutnick said Sunday that “tariffs are not going away” after a US appeals court paused a block on many of the Trump administration’s sweeping tariffs.