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US Treasury to launch measures to avoid debt limit breach
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.
US Treasury to launch measures to avoid debt limit breach on Tuesday
U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and risking a potential catastrophic default.
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.
1d
Killing A Tax Shelter: Treasury Publishes Final Regulations For 831(b) Microcaptive Transactions
Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...
2d
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...
21h
Treasury yields won't hit 5% under Trump, this strategist says
The bond market (^TNX, ^TYX, ^FVX) is in focus ahead of Trump's return to the White House as the 10- and 30-year yields trade ...
1d
US Treasury Department imposes sanctions on Chinese company over Salt Typhoon hack
The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kecheng and cybersecurity company Sichuan ...
2d
on MSN
Trump’s Treasury pick rejects minimum wage hike, champions tax breaks
Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to ...
2d
on MSN
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
The fund manager will face senators at a confirmation hearing on Thursday ...
1d
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
23h
Watch live as Treasury minister Darren Jones faces Laura Kuenssberg
Shadow foreign secretary Priti Patel and actor Adrien Brody are also on this week's Sunday with Laura Kuenssberg programme.
3d
on MSN
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...
2d
on MSN
Treasury yields continue to fall as investors await housing data
U.S. Treasury yields continued to slide on Friday as investors awaited housing data. At 4:05 a.m. ET, the 10-year Treasury ...
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