The U.S. Treasury Secretary and America's top trade negotiator will meet with high-ranking Chinese officials in Switzerland ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend ...

President Donald Trump is contemplating reducing tariffs on China from 145% to 80% as U.S. and Chinese officials prepare for ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

China and the U.S. plan to hold long-awaited trade talks in Switzerland this weekend. Here are the key officials that are expected to participate. Scott Bessent, U.S. Treasury Secretary: The Treasury ...

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the ...

Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay ...