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A softening Treasury bond market and surprise downgrade Friday of U.S. creditworthiness are the latest forces weighing on the GOP megabill — an unmistakable nudge to lawmakers that investors are ...
Victoria McGrane - profile from The Wall Street Journal. News, articles, biography and photos.
WASHINGTON - The House Ways and Means Committee will have its moment in the reconciliation spotlight on Tuesday when it meets ...
“Buy less” isn’t only an American trend. Anxiety around a “Sell America” trade, in which foreigners dump the dollar and U.S. government bonds, has been gripping investors ever since Pres ...
Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...
Secretary Scott Bessent twice testified in front of congressional committees earlier this week that the Treasury’s debt ...
(Photo by Ludovic MARIN / POOL / AFP) As Europe looks to boost its military capabilities, Germany’s Merz urged the EU to rethink fiscal limits and ... from its national debt brake.
Previously, short-term investment cap required FPI's investments in corporate debt with maturity of up to one year to not exceed 30% of total investment by them, and concentration limit required ...
From humble beginnings in New York to becoming the most powerful woman in finance, Janet Yellen’s career is nothing short of spectacular. As Federal Reserve Chair and now U.S. Treasury Secretary ...
The proposal is part of broader talks over a government spending package.Bessent addressed another urgent issue: the looming debt ceiling. He said the Treasury Department is still assessing the ...
The debt limit had been suspended from June 3 until Jan. 19, 2025, when it came back into play. Since then, the Treasury has been using special accounting tactics to continue to pay its bills.