What to Know About the Debt Ceiling Debate at the Center of the Government Shutdown Saga
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown.
Explainer: What is a government shutdown and what is the debt ceiling?
Large swaths of the U.S. government could temporarily close at midnight on Friday if Congress does not approve a stopgap spending bill due to pressure from Donald Trump.
Despite missing deadline, Congress avoids government shutdown by passing spending bill without Trump’s debt ceiling raise
Congress averts shutdown after House GOP drops Trump’s debt limit demand
Congress voted to avert a shutdown early Saturday morning after House GOP leaders dropped a demand from Donald Trump over the debt limit, highlighting the limits of the president-elect’s influence on Capitol Hill despite his position as leader of the party.
House sets up vote to prevent government shutdown, dropping Trump's demand for debt limit
Hours before a federal government shutdown, President-elect Donald Trump doubles down on insisting a debt ceiling increase be included in a budget deal.
Why Trump wants Congress to abolish the debt ceiling
President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an increase to the debt ceiling.
Congress rejects Trump’s debt limit demands, passes temporary funding to avert shutdown
The bill would temporarily fund federal operations and disaster aid, but drops President-elect Donald Trump’s demands for a debt limit increase into the new year. Speaker Mike Johnson had insisted Congress would “meet our obligations” and not allow federal operations to shutter ahead of the Christmas holiday season.
Here’s what’s in and out of the government funding agreement
The Senate approved a slimmed-down, temporary government spending plan early Saturday morning, averting a shutdown of the ...
Treasury sanctions 2 individuals, 2 entities for supporting Iranian military
The Treasury Department said on Wednesday it is sanctioning two individuals and two entities for their part in developing and ...
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United States of Bitcoin? These States Are Considering BTC Reserves
Multiple U.S. states are reviewing Bitcoin reserve bills, while crypto advocates are pushing for similar proposals in other ...
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U.S. Treasury Committed to Imposing Consequences for Human Rights Abuses
Treasury Secretary Janet Yellen said in the statement, “The United States is strongly committed to promoting respect for ...
Trump Picks a Former Treasury Official as His Top Economist
Stephen Miran, who served during Donald Trump’s first term and now works at a hedge fund, has accused the Biden ...
Treasury sanctions North Korean money laundering network
The Treasury Department said on Tuesday that it has sanctioned two individuals, and one entity involved with illegally ...
United States allocates US$20 billion to Ukraine using frozen Russian assets
On 10 December, the US Department of the Treasury announced the allocation of $20 billion for Ukraine as part of the G7 ...
If Trump Eliminates the Department of Education, Do You Still Have To Pay Your Student Loans?
President-Elect has pledged to close down the U.S. Department of Education and redirect most of its responsibilities to the ...
What does the US attorney general actually do? A law professor explains
The combined political and legal roles and responsibilities of the US attorney general can create conflicts. Some attorneys ...
US hits North Korea and Russia with new sanctions, Treasury says
The United States hit North Korea and Russia on Monday with new sanctions targeting Pyongyang's financial and military ...