US debt News

Powell Stands Firm: Fed's Rate Decisions Unswayed by US Debt Cost Concerns

Federal Reserve Chair Jerome Powell dismisses concerns over interest rates impacting US debt costs, affirming the Fed's focus on employment and price stability, independent of poli...

Bessent Assures No US Debt Default if Confirmed as Treasury Secretary

Scott Bessent, Trump's nominee for Treasury Secretary, assured that the US will not default on its debt if he is confirmed. He supports removing the debt limit, a stance criticized...