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Treasury secretary, debt and Congress

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

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 wrote to congressional leaders Friday, urging them to act even sooner,

USA TODAY on MSN · 1d

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

The Associated Press on MSN · 22h

Treasury secretary calls on Congress to raise or suspend the debt ceiling by mid-July

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday. He is calling on Congress to either raise or suspend the debt ceiling by mid-July.

40m

U.S. and China Will Meet for Second Day of Trade Talks

Treasury Secretary Scott Bessent and Jamieson Greer, the United States Trade Representative, are leading the talks for ...

4hon MSN

Trump says ‘great progress made’ between US and China following first day of trade talks

President Donald Trump said Saturday there was “great progress made” on trade talks between the United States and China, amid ...

14hon MSN

Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope

Chinese state media report the U.S. Treasury Secretary and America's top trade negotiator have begun talks with high-ranking ...

1don MSN

Trump to shift consumer watchdog pick to senior Treasury role

U.S. President Donald Trump's pick to lead the Consumer Financial Protection Bureau, Jonathan McKernan, has instead been ...

As Mike Waltz exits, here's a timeline of the 'Signalgate' chat controversy

As sources on Thursday confirmed Mike Waltz’s exit from his post as national security adviser, the impact of the U.S.

3don MSN

Treasury's Bessent says US should be 'premier destination' for digital assets

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...

MercoPress3d

US Secretary of the Treasury due in Buenos Aires next week

US Secretary of the Treasury Scott K.H. Bessent will arrive ... the relationship between the United States and Argentina is stronger than ever. I look forward to our positive discussions about ...

Cryptopolitan on MSN1d

Ripple’s Brad Garlinghouse addresses Treasury’s Bessent and calls for clear crypto and stablecoin regulation

Ripple CEO Brad Garlinghouse urges U.S. lawmakers to pass clear crypto and stablecoin regulations after the Senate fails to ...

Stocks gain as investors await trade deal between the U.S. and U.K.

The potential trade deal comes as the Trump administration says it's also negotiating with many other trade partners.

Tuko News on MSN4d

No signs of US recession, Treasury Secretary says

There are currently no signs that the United States has entered a recession despite the world's largest economy recording a ...

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