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Congress, Bessent and debt limit

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

Washington Examiner on MSN · 18h

Bessent predicts debt limit will be hit in August, asks Congress to increase or suspend ceiling

Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of Congress, predicting it would be reached in August. Bessent said that based on current calculations,

CBS News on MSN · 1d

U.S. could face default by August if Congress doesn't address debt ceiling, Bessent says

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.

4hon MSN

Key legislation to advance cryptocurrency blocked by Dems on the Senate floor

Senator Tim Scott, R-South Carolina, says Democrats "put partisanship above policy" in Friday's stablecoin bill vote.

1don MSN

Trump Administration Warns Congress With Possible Debt Limit Deadline

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.

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Cryptocurrency measure fails to pass in Senate

By a one vote margin, the Senate stymied a first-of-its kind measure designed to regulate cryptocurrency in the United States ...

1don MSN

Trump fires Librarian of Congress. What's in the Library of Congress?

President Donald Trump fired Carla Hayden, Librarian of Congress, via email at 6:56 p.m. ET on May 8, 2025. Critics are ...

2don MSN

Chief Justice Roberts says judicial independence is key to checking Congress and the president

Chief Justice John Roberts on Wednesday defended judicial independence as necessary to “check the excesses of the Congress or ...

2don MSN

Senate clash of the Bernies: Sanders, Moreno spar over Israel’s Gaza offensive

Sanders, who is Jewish, described Israeli Prime Minister Benjamin Netanyahu’s government as “extremist,” accused it of ...

1don MSN

Trump fires head of Library of Congress in part over diversity, White House says

U.S President Donald Trump fired the Librarian of Congress, Carla Hayden, in part over her commitment to diversity, the White ...

Jennifer Konfrst announces she will run for Congress

Iowa House Minority Leader Jennifer Konfrst is now in the race for Iowa's 3rd Congressional District. KCCI was the first to ...

1hon MSN

‘We will arrest you’: DHS warns members of Congress after mayor Ras Baraka arrested at ICE detention center

DHS warns members of Congress after mayor Ras Baraka arrested at ICE detention center - Democratic lawmakers claim DHS is ...

Reuters10d

United States Senate

a NATO member that in recent years has had strained ties with the United States. Worldcategory· April 29, 2025 US Senate confirms billionaire businessman Stephens as ambassador to Britain The ...

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Congress, Bessent and debt limit

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