Sen. Ted Cruz (R-Texas) and Speaker Kevin McCarthy (R-Calif.) claimed on Sunday that President Biden is bending to progressives amid negotiations over the debt ceiling…
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Treasury Secretary Janet Yellen on Sunday sidestepped a question about how the department would pick and choose which of the country’s bills would go unpaid…
Treasury Secretary Janet Yellen on Sunday called the debt ceiling a “constraint” on the nation’s ability to pay its bills. “We take the debt ceiling…
National security adviser Jake Sullivan on Sunday said President Biden’s move to cut his international trip short to head back to Washington amid debt ceiling…
President Biden said at the Group of Seven (G7) summit on Saturday that he believes the United States will avoid a default as the deadline…
Deputy Treasury Secretary Wally Adeyemo on Sunday dismissed the idea of President Biden using the 14th Amendment to avert a default on the national debt.…
A top economic advisor to President Biden poured cold water on the idea that the White House could be looking for a short term debt…
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Top political figures are swirling the possibility that President Biden could use the powers of a clause in the 14th Amendment as a last-ditch effort…
Federal Reserve Chairman Jerome Powell on Wednesday addressed fears the country could default on its debt next month, saying the possibility shouldn’t even be considered…