WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday.
He is calling on Congress to either raise or suspend the debt ceiling by mid-July.
"A failure to suspend or increase ...
GENEVA (AP) — The U.S. treasury secretary and America's top trade negotiator will meet with high-ranking Chinese officials in Switzerland this weekend to de-escalate a dispute that threatens to cut off trade between the world's two biggest economies and to damage global commerce.
Treasury ...
The National Oceanic and Atmospheric Administration will no longer track the cost of climate change-fueled weather disasters, including floods, heat waves, wildfires and more. It is the latest example of changes to the agency and the Trump administration limiting federal government resources on ...
WASHINGTON (AP) — The Federal Emergency Management Agency faced fresh upheaval Thursday just weeks before the start of hurricane season when the acting administrator was pushed out and replaced by another official from the Department of Homeland Security.
The abrupt change came the day after ...
The Norwegian energy company Equinor said Friday it will be forced to terminate an offshore wind project for New York within days unless President Donald Trump 's administration relents on its order that stopped construction.
Work on Empire Wind has been paused since April 16, when Interior ...
A coalition of 15 states is suing over President Donald Trump's efforts to fast-track energy-related projects, saying the administration is bypassing environmental protection laws and threatening endangered species, critical habitat and cultural resources.
Trump issued an executive order ...