A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

Speaker Mike Johnson (R-Louisiana) must persuade a handful of Republican lawmakers frustrated at his leadership to support ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025.

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 ...

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 ...