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 ...
US to Take Extraordinary Steps to Avert a Default, Yellen Says
Outgoing Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to ...
Biden administration punishes key players in major Chinese hacks of US government
The Biden administration on Friday made one final push to expose what officials say is a rampant Chinese cyber-espionage ...
Treasury Department recoups $31 million in improper government payments to dead people
The Treasury Department announced this week that it had recouped more than $31 million in fraud and improper payments to dead ...
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
China-linked hackers accessed over 400 US Treasury computers, including Janet Yellen's
We’ve been reporting on a Chinese hacking group infiltrating the US Treasury Department and now we have more information. It ...
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US Identifies Chinese Firm Behind Salt Typhoon Hacks on Telecom Networks
The State and Treasury Departments say Chinese cybersecurity vendor Sichuan Juxinhe is behind the hacks into numerous US ...
5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...
Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network
The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications ...
Industry conferences kick off 2025 with more security following murder of US executive
U.S. industry conferences, including a major San Francisco healthcare meeting, have stepped up security for attendees this ...
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 ...
US Treasury To Take 'Extraordinary Measures' To Avoid Debt Default
The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald ...