Treasury Secretary Warns US Won’t Be Able to Pay Military by Nov. 15

U.S. Secretary of Treasury Scott Bessent (C) reacts during a meeting between U.S. President Donald Trump and Brazil’s President Luiz Inacio Lula da Silva on the sidelines of the ASEAN Summit in Kuala Lumpur, Malaysia, on Oct. 26, 2025. Mark Schiefelbein/AP Photo Treasury Secretary Scott Bessent said that active military service members will miss their