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 ...
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 ...
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 ...
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 ...
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury ...
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 ...
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 sanctions Chinese firm behind sweeping Salt Typhoon telecom hacks
The Treasury Department on Friday sanctioned Chinese firm Sichuan Juxinhe Network Technology Co. and Shanghai-based hacker ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
More alleged Chinese intrusions into the US Treasury revealed
In a separate recent attack, Chinese group Salt Typhoon allegedly breached 9 major telecommunications firms in a huge ...