The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting ...

Wall Street's major market averages closed Monday's session out on a negative note as the financial community looks ahead to the 2025 trading year.

Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social ...

President-elect Donald Trump endorsed Mike Johnson for House speaker on Monday following a fight over government funding ...

House Republicans have said for weeks that Donald Trump would have the final say on whether Johnson keeps the gavel or is replaced.

President-elect Donald Trump accused former House Speaker Kevin McCarthy of "one of the dumbest political decisions made in ...

Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for ...

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Addressing the debt ceiling, which will be reinstated on January 2, is still on the list of congressional Republicans’ New ...