The U.S. Treasury has prolonged its debt management actions. This extension aims to prevent breaching the federal debt limit. Treasury Secretary Scott Bessent informed Congress about this decision. The move allows temporary suspension of certain fund contributions. The Treasury might face cash shortages without congressional action. Legal challenges to tariffs could also impact the situation.
Source link

Debt Ceiling Risks Loom Despite Record US Tariff Revenue
Releated Posts
ET Market Watch: Sensex up 1,000 points; dollar drops, oil cools, ceasefire kicks in
WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Hi, you’re listening to ET Markets…
bullet train project: Two Sharp with ET: China blocks farm inputs, bullet train gear; Sensex surges 1,000 pts on oil drop – The Economic Times Video
WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now China has quietly stopped clearing speciality…
US-based Capital group buys 360 ONE WAM shares for Rs 245 cr
WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Financial services company Capital group on…
US stocks open near record as Micron results boost chip stocks
WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Wall Street’s S&P 500 and Nasdaq…