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Treasury, Yellen and debt ceiling
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
Janet Yellen says Treasury will take 'extraordinary measures' to avoid hitting debt ceiling Jan 21
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 to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.
US Treasury To Take 'Extraordinary Measures' To Avoid Debt Default
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 Donald Trump takes office.
Trump, Treasury and Scott Bessent
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
Scott Bessent defended tariffs and argued for tax-cut extensions during his confirmation hearing as President-elect Donald Trump’s pick for Treasury secretary in the Senate Finance Committee. No Democrats committed to support him on Thursday,
Treasury nominee tells his confirmation hearing that Trump can unleash an 'economic golden age'
In testimony, Scott Bessent said the U.S. must secure vulnerable supply chains, and levy sanctions to address national security concerns.
5h
on MSN
Federal govt will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
1d
Chinese hackers breach US treasury systems, access secretary Janet Yellen’s computer: Report
In the latest instance of a high-profile cybersecurity breach, Chinese state-sponsored hackers accessed hundreds of US ...
13h
on MSN
Treasury sanctions Salt Typhoon hacking group behind breaches of major US telecom firms
The Treasury Department’s Office of Foreign Assets Control (OFAC) announced on Friday that it had sanctioned a China-based ...
1d
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the ...
1d
on MSN
Scott Bessent's confirmation hearing for Treasury secretary: What to know, how to watch
Scott Bessent is set to have a confirmation hearing as Donald Trump's pick Department of Treasury secretary on Thursday.
1d
Chinese hackers accessed Yellen's computer in US Treasury breach
US Treasury Secretary Janet Yellen’s computer was infiltrated and unclassified files were accessed as part of a broader ...
1d
Trump’s Treasury Pick Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
1d
on MSN
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...
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