Giving Congress an unlimited credit card will only accelerate the ruinous fiscal path we’re on — but if Trump is serious ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...

House Speaker Mike Johnson stares down a difficult battle to retain the gavel on Friday, even despite an endorsement from President-elect Donald Trump.

The narrow Republican majority in Congress makes reelecting House Speaker Mike Johnson harder – and reveals fissures within ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone ...

The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting ...

President-elect Donald Trump endorsed Mike Johnson for House speaker on Monday following a fight over government funding ...

Treasury Secretary Janet Yellen warned Congress that the U.S. government could hit its debt limit as early as January 14th, requiring “extraordinary measures” to avoid default. Yellen’s letter to ...