This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...

Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off ...

A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury ...

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a ...

This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...