US government CDS spreads decline as debt ceiling negotiations progress
NEW YORK (Reuters) – A measure of the cost to insure exposure to U.S. government debt declined on Tuesday as Democratic President Joe Biden and …
Ceiling
Marketmind: Biden, Republicans set for debt ceiling face-off
(Reuters) – A look at the day ahead in U.S. and global markets from Samuel Indyk. Another day, another meeting in Washington. President Joe Biden …
Biden, McCarthy debt ceiling meeting planned for Tuesday afternoon
WASHINGTON (Reuters) – A debt limit meeting between U.S. President Joe Biden and top lawmakers including Republican House of Representatives Speaker Kevin McCarthy has been …
Food aid cuts still ‘red line’ in debt ceiling talks, says Senate farm committee chair
By Leah Douglas WASHINGTON (Reuters) – Expanding work requirements for the largest U.S. food assistance program is still a “red line” in negotiations over raising …
‘They Want A Default’: McCarthy Says House GOP Making Little Progress With Biden On Debt Ceiling
‘They Want A Default’: McCarthy Says House GOP Making Little Progress With Biden On Debt Ceiling Arjun Singh on May 15, 2023 House Speaker Kevin …
US Treasury’s Adeyemo dismisses platinum coin to skirt debt ceiling
By David Lawder and Susan Heavey WASHINGTON (Reuters) – The U.S. Deputy Treasury Secretary on Monday dismissed the idea of minting a platinum coin as …
Marketmind: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out to break the impasse on …
White House Aiming For Two-Year Deal On Debt Ceiling As Talks Stall: REPORT
White House Aiming For Two-Year Deal On Debt Ceiling As Talks Stall: REPORT Arjun Singh on May 12, 2023 White House staff are reportedly pushing …
FRANK LASEE: Republicans Shouldn’t Give An Inch On The Debt Ceiling
FRANK LASEE: Republicans Shouldn’t Give An Inch On The Debt Ceiling Frank Lasee on May 12, 2023 The United States will be hitting our debt …
US equity funds see massive outflows on debt ceiling worries
(Reuters) – U.S. equity funds faced huge outflows in the week ended May 10, on caution over the U.S. debt ceiling and concerns over disappointing …
Germany finance minister urges “grown-up” decision on U.S. debt ceiling
NIIGATA, Japan (Reuters) – German Finance Minister Christian Lindner on Friday said he hoped politicians in the United States would come to a “grown-up” decision …
Marketmind: Markets get twitchy as debt ceiling, growth fears weigh
A look at the day ahead in European and global markets from Ankur Banerjee Signs of an economic slowdown across the globe, lingering worries over …
Yellen to discuss debt ceiling with bank lobby group – official
(Reuters) – U.S. Treasury Secretary Janet Yellen will discuss the impasse over raising the government debt ceiling with board members of the Bank Policy Institute …
U.S. Treasury yields to rise amid debt ceiling standoff: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will rise significantly over the coming month, according to analysts polled by Reuters who were split …
‘Our Country Is Being Destroyed By Stupid People’: Trump Pushes Back On Debt Ceiling Debate
‘Our Country Is Being Destroyed By Stupid People’: Trump Pushes Back On Debt Ceiling Debate Harold Hutchison on May 10, 2023 Former President Donald Trump …
‘Impeachable’: Legal Experts, GOP Lawmakers Warn Biden Against Invoking 14th Amendment On Debt Ceiling
‘Impeachable’: Legal Experts, GOP Lawmakers Warn Biden Against Invoking 14th Amendment On Debt Ceiling Arjun Singh on May 10, 2023 Legal experts and GOP lawmakers …
Debt ceiling battle delays sweeping annual defense policy bill
By Patricia Zengerle WASHINGTON (Reuters) – U.S. congressional leaders on Wednesday put off debate on the National Defense Authorization Act, or NDAA, an annual bill …
JPMorgan’s Dimon says debt ceiling standoff could cause panic – report
NEW YORK (Reuters) – JPMorgan Chase & Co’s CEO Jamie Dimon said the congressional standoff over the U.S. debt ceiling, and a potential U.S. default, …
‘A False Dilemma’: GOP Presidential Hopefuls Weigh In On The Debt Ceiling Debate As Default Looms
‘A False Dilemma’: GOP Presidential Hopefuls Weigh In On The Debt Ceiling Debate As Default Looms Mary Lou Masters on May 10, 2023 As debt …
Yellen heads to G7 with debt ceiling, bank crisis and tax woes in tow
By Andrea Shalal and David Lawder NIIGATA, Japan/WASHINGTON (Reuters) – Treasury Secretary Janet Yellen lands at Japan’s G7 finance meeting this week, with her ambitious …
ROBERT WRIGHT: Don’t Buy Into Bureaucrats’ Debt Ceiling Handwringing. There’s A Path Forward
ROBERT WRIGHT: Don’t Buy Into Bureaucrats’ Debt Ceiling Handwringing. There’s A Path Forward Robert E. Wright on May 9, 2023 U.S. Treasury Secretary Janet Yellen …
Explainer-Washington edges closer to debt ceiling deadline
By Jason Lange WASHINGTON (Reuters) – U.S. President Joe Biden is due to meet on Tuesday with the top Republicans and Democrats in Congress amid …
Marketmind: Showdown on the ceiling
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Nothing is decided yet – on any front. With …
What to watch for in the Biden-McCarthy debt ceiling meeting
By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden meets Republican House Speaker Kevin McCarthy and other congressional leaders at the …
Yellen says ‘no good options’ if Congress fails to raise debt ceiling
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by Congress to raise the $31.4 …
Yellen is calling CEOs personally to warn on US debt ceiling -sources
By Andrea Shalal WASHINGTON (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a …
Marketmind: Debt ceiling countdown
(Reuters) – A look at the day ahead in U.S. and global markets from Amanda Cooper. U.S. Treasury Secretary Janet Yellen didn’t pull any punches …
Dem Rep Breaks With Biden, Calls For ‘Reduced Spending’ In Debt Ceiling Bill
Dem Rep Breaks With Biden, Calls For ‘Reduced Spending’ In Debt Ceiling Bill Arjun Singh on May 4, 2023 Democratic Rep. Jared Golden of Maine …
Schumer sets expedited process to consider clean debt ceiling suspension
WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Monday set in motion an expedited process for the chamber to consider a clean two-year …
US Senate Republican urges Biden, McCarthy to meet on debt ceiling: ‘Time is a-wastin’
WASHINGTON (Reuters) – No. 2 U.S. Senate Republican John Thune on Monday said the news that the federal government could no longer be able to …
Factbox: U.S. debt ceiling: A ‘clean’ increase is not the rule
(Reuters) – The U.S. federal government is ticking closer to its “x-date,” when it will no longer be able to pay its bills and risk …
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) – With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff over raising the United States’ …
Citi’s Fraser warns U.S. debt ceiling debate has serious consequences
BEVERLY HILLS (Reuters) – Citigroup chief executive officer Jane Fraser said on Monday that debate about the debt ceiling in the United States had serious …
‘Thank Every Republican’: McCarthy Takes Victory Lap Over Passage Of Debt Ceiling Bill
‘Thank Every Republican’: McCarthy Takes Victory Lap Over Passage Of Debt Ceiling Bill Harold Hutchison on April 26, 2023 Republican Rep. Kevin McCarthy of California …
BlackRock adds Treasuries as debt ceiling jitters intensify
By Davide Barbuscia CHICAGO (Reuters) – BlackRock has been buying U.S. Treasuries in anticipation of an economic slowdown and a protracted fight between the U.S. …
US debt ceiling technical default seen at 2%-3%, says Summers
By Davide Barbuscia CHICAGO (Reuters) – Former U.S. Treasury Secretary Lawrence Summers said the odds that the U.S. government could face a technical debt default …
Analysis-Debt ceiling worries bubble up in US stock options market
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Worries over a debt ceiling showdown are creeping into U.S. options markets, as investors grow increasingly concerned …
Bipartisan House Group Unveils Alternative Debt Ceiling Proposal As McCarthy, Biden Butt Heads
Bipartisan House Group Unveils Alternative Debt Ceiling Proposal As McCarthy, Biden Butt Heads Arjun Singh on April 20, 2023 A group of 61 House members …
GOP Debt Ceiling Bill Guts Biden’s Signature Climate Law
GOP Debt Ceiling Bill Guts Biden’s Signature Climate Law John Hugh DeMastri on April 19, 2023 House Speaker Kevin McCarthy unveiled a Republican budget proposal …
JPMorgan sees “non-trivial risk” of a technical default on U.S. Treasuries as debt ceiling looms
LONDON (Reuters) – JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a …
Debt ceiling fight shows stakes of Feinstein’s US Senate absence-Klobuchar
By Katharine Jackson WASHINGTON (Reuters) – The standoff over raising the U.S. federal government’s $31.4 trillion debt ceiling illustrates the stakes of U.S. Senator Dianne …
U.S. House Republican hardliners unveil spending demands for raising debt ceiling
By David Morgan WASHINGTON (Reuters) – The hardline U.S. House Freedom Caucus responded to President Joe Biden’s $6.8 trillion budget proposal on Friday, with a …
Analysis-Declining U.S. bank reserves add wrinkle to contentious debt ceiling issue
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – A rapid fall in bank reserves held at the Federal Reserve, coinciding with an expected shortage of U.S. …
REP. ANDY BIGGS: Raise The Debt Ceiling Again? Here’s A Better Idea
REP. ANDY BIGGS: Raise The Debt Ceiling Again? Here’s A Better Idea Rep. Andy Biggs on March 8, 2023 President Joe Biden wants to raise …
Fed’s Powell sees long-term damage if US debt ceiling not raised
By Michael S. Derby NEW YORK (Reuters) – The United States risks long-term damage if Congress does not raise the national debt ceiling, Federal Reserve …
GROVER NORQUIST: Six Steps Republicans Should Take On The Debt Ceiling
GROVER NORQUIST: Six Steps Republicans Should Take On The Debt Ceiling Grover Norquist on February 5, 2023 In his first two years in power President …
What is a debt ceiling and why are we talking about raising it?
For those of us living in the United States, the topic of debt ceilings and raising them has been an ongoing debate. But what exactly …
‘Revisionist History’: Sparks Fly As CNN Host Spars With GOP Rep On Debt Ceiling Drama
‘Revisionist History’: Sparks Fly As CNN Host Spars With GOP Rep On Debt Ceiling Drama Harold Hutchison on February 1, 2023 Republican Rep. Dusty Johnson …
Factbox-U.S. debt ceiling: A straightforward vote is not the usual path
(Reuters) – The White House wants Congress to raise U.S. borrowing limits without conditions, but if years past are any indication, spending cuts and other …
Manchin Says He’s Baffled Why ‘Reasonable’ Biden Won’t Negotiate On Debt Ceiling
Manchin Says He’s Baffled Why ‘Reasonable’ Biden Won’t Negotiate On Debt Ceiling Harold Hutchison on January 27, 2023 Democratic Sen. Joe Manchin of West Virginia …