National Debt (US)

Federal Debt Is Now Worrying Even Progressives

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.

By Lydia DePillis

Credit and Debt Federal Budget (US) Government Bonds Interest Rates National Debt (US) United States Economy

Higher Interest Rates Make Federal Debt More Expensive

The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.

By Lydia DePillis

Appointments and Executive Changes Bessent, Scott Federal Budget (US) Internal Revenue Service International Trade and World Market National Debt (US) Presidential Election of 2024 Treasury Department Trump, Donald J United States Economy United States Politics and Government

Senate Confirms Scott Bessent as Treasury Secretary

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

By Alan Rappeport

Bessent, Scott Federal Budget (US) National Debt (US) Treasury Department Trump, Donald J United States Politics and Government Yellen, Janet L

U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.

By Alan Rappeport

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