The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House.

WASHINGTON -- An executive order signed by President Donald Trump last month is overhauling the way the government issues payments, including tax refunds. Starting Sept. 30, the Secretary of the Treasury is ordered to cease issuing paper checks for all Federal disbursements and will no longer accept paper checks as payment.

Bessent appears to be more interested in bringing down borrowing costs to stave off a potential sovereign debt doom loop than in the $1.5 trillion drop in equities.

President Trump’s announcement went beyond most predictions, showing a greater willingness to follow his instincts even when critics — and some allies — consider failure a likely outcome.

The network has procured tens of millions of dollars’ worth of commodities from Russia, including weapons, and stolen Ukrainian grain. The goods are then shipped to Yemen, which is under Houthi control.

U.S. Treasury yields inched higher on Wednesday as investors awaited economic data and braced for the rollout of U.S. President Donald Trump’s tariffs.

In the wake ofDonald Trump's highly controversial decision to put in place a wall of international tariffs that has roiled the business world, the president's Treasury Secretary Scott Bessent is reportedly looking to move on from his current job after slightly more than two months after being sworn in.

The Sinaloa Cartel is considered one of the most notorious drug trafficking cartels in the world, and the United States has already labeled it a Foreign Terrorist Organization.