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 ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

Janet Yellen, the U.S. Treasury Secretary, on Friday cautioned that the government will reach its borrowing limit on Tuesday, necessitating the use of "extraordinary measures" to prevent a potential ...

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

including the challenges of forecasting the payments and receipts of the U.S. Government months into the future,” Yellen wrote in a letter addressed to House and Senate leadership. “I respectfully ...

The day after President Donald Trump takes office, the U.S. Treasury said it will employ "extraordinary measures" to avoid ...

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...

Yellen wrote. Although Republicans control Capitol Hill, they remain divided over how to address the debt ceiling. They have several major agenda items they want to push through Congress along ...

Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will ...

Yellen told congressional leadership in a letter ... money the Treasury Department can owe to pay the country’s bills. Congress last agreed to suspend the debt ceiling for roughly a year and ...