President Donald Trump and key Senate Republicans are still grasping for a solution to the US government closing in on ...

The process of shedding assets and draining bank reserves could collide with dynamics related to raising the federal debt ...

The Federal Reserve said it will start shrinking its balance sheet at a slower pace starting next month, reducing the amount ...

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Monday, Bloomberg ...

Investors have been flocking to U.S. Treasuries as a safe haven due to market turmoil fueled by President Donald Trump’s trade policies, but a looming debt ceiling debate and ongoing political ...

The U.S. Senate on Friday passed a stopgap spending bill, averting a partial government shutdown, after Democrats backed down ...

Washington has until the late spring or summer to raise the borrowing limit past its $36 trillion cap, setting up a test with ...

The decline comes after a deal was reached on the US debt ceiling, which has boosted risk sentiment. However, the agreement may face challenges in Congress, adding an element of uncertainty to the ...

As Congress moves toward the 33rd temporary reauthorization of the National Flood Insurance Program due Friday, lawmakers are ...

President Donald Trump and key Senate Republicans are still grasping for a solution to the US government closing in on breaching its legal borrowing limit following a White House meeting Thursday.

The Louisiana senator has been tapped to consult with the president on a strategy for avoiding a federal default.

The US Senate approved Friday an extension of the federal budget until September, avoiding the government shutdown.