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The rule has long been in legal limbo. On Thursday, the Supreme Court lifted an injunction related to a case over the act.

Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...

The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.Most Read from BloombergWhat Happened to ...

If a conflict between the U.S. and China were to emerge, potentially over Taiwan, Americans would have a far more serious threat to their everyday lives than TikTok propaganda. In a worst-case ...

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

President-elect Donald Trump (R) announced hedge fund manager Scott Bessent as his nominee for secretary of the Treasury on November 22 ... he will help me usher in a new Golden Age for the United ...

# The newly-elected US president, amid a flurry of executive actions on his first day in office, issued an order declaring that the 15 percent global corporate minimum tax deal “has no force or effect ...

Trump said of Lutnick's nomination, "I am thrilled to announce that Howard Lutnick, Chairman & CEO of Cantor Fitzgerald, will join my Administration as the United States Secretary of Commerce. He will ...

Former Treasury Secretary Janet Yellen was a driving force behind talks led by the OECD that resulted in more than 130 ...

Trump drops the ax on a corporate-tax deal whacking U.S. firms.

As she exited the job, Treasury Secretary Yellen urged Congress to increase or suspend the debt ceiling—and detailed actions ...