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, ...

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.

A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...

President Donald Trump announced Friday that the Apple technology company faces a 25% tariff on iPhones unless the devices ...

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.

As President Donald Trump conducted an impromptu news conference in Doha, Qatar, this month, surrounded by business leaders and top advisers, he made a point of singling out one person in particular.