The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...

Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.

Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.

Treasury chief doesn’t specify exact nature of the discussions Bessent emphasizes the US will never default on its debt Treasury Secretary Scott Bessent said that his department is conducting outreach ...

Ron Wyden (D-Ore.), the top-ranking Democrat on the Senate Finance Committee, told HuffPost. A small group of Republicans have long argued that there is an alternative to simply raising the debt ...

which cited political standoffs related to the debt limit. Still, the risk of default is seen as very low, and investors should feel comfortable with the safety of the Treasury securities held in ...