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Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...
While testifying on Capitol Hill, U.S. Treasury Secretary Scott Bessent declined to give an estimate for the "X date" — the day when the Treasury can't meet all of its obligations — but made use of a ...
Treasury Secretary Scott Bessent told lawmakers Tuesday that a fresh estimate of when the United States will run out of cash ...
Treasury Secretary Scott Bessent said that his department is on the "warning track" toward exhausting its capacity to stay ...
U.S. Treasury Secretary Scott Bessent didn't have an estimated X-date, the time at which the Treasury expects to run out of ...
Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January.
U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information ...
When it comes to the so-called X date, or the date when the US will run out of cash to pay its bills, Bessent warned that the US is on “the warning track, which means we aren’t far away.” ...
“Just as an outfielder running for a fly ball, we are on the warning track,” Bessent said. “And when you are on the warning track, it means the wall’s not far away.” Bessent vowed that ...
(Bloomberg) — Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its capacity to stay within the federal debt limit ...
DEBT CEILING 'WARNING TRACK' Bessent declined to provide a forecast on when the Treasury would exhaust its borrowing capacity under extraordinary debt ceiling measures but said it was "not far away." ...
"I will tell you, just as an outfielder running for a fly ball, we are on the warning track," Bessent said, using a baseball term indicating that a player was close to crashing into the stadium wall.