Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- to late-January, starting the clock on a major fiscal challenge facing ...

Janet Yellen, the U.S. Treasury Secretary, on Friday cautioned that the government will reach its borrowing limit on Tuesday, necessitating the use of “extraordinary measures” to prevent a potential ...

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 the ...

Treasury Secretary Janet Yellen warned congressional leaders Friday that the federal government will hit its debt limit as early as Jan. 14 unless Congress takes action or her department implements ...

Janet Yellen said the government's ballooning debt burden could reduce the Fed's ability to address unemployment and inflation.

Treasury Secretary Janet Yellen wrote a letter to House Speaker Mike Johnson Friday. In it, she warned that the US would breach its debt limit as soon as January 14 unless Congress acted. The Treasury ...

Treasury Secretary Janet Yellen said in a letter sent to congressional leaders Friday afternoon that her agency will need to start taking "extraordinary measures" or special accounting maneuvers ...

WASHINGTON (AP) — In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation ...

Treasury Secretary Janet Yellen suggested in a letter to Congress on Friday that the department doesn’t think the U.S. will need to take “extraordinary measures” on Jan. 2 to avoid defaulting on its ...

WASHINGTON, D.C. — U.S. Treasury Secretary Janet Yellen warned lawmakers Tuesday that Congress must address the looming debt ceiling before mid-October or risk defaulting on the nation's debt. In a ...

WASHINGTON (AP) — A union of government employees on Monday sued Treasury Secretary Janet Yellen and President Joe Biden to try to stop them from complying with the law that limits the government’s ...