The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect ...
Treasury Secretary Janet Yellen said the federal government would hit the debt limit set by Congress on Tuesday, prompting the Treasury Department to take “extraordinary” steps to avoid a default.
If all of the policies assumed in the budget plan the House Budget Committee (HBC) approved on February 14 were enacted, the ...
The US Treasury has $133 billion of extraordinary measures left, in addition to its cash pile, to help keep paying the government’s bills, the department said, citing data as of Feb. 5.
Donald Trump’s first day as President will be spent grappling the US’s A$58 trillion debt ceiling with the Treasury Department forced to impose ‘extraordinary measures’ to avoid defaulting.