Trump and Vance criticize Republican handling of debt ceiling, call for temporary funding bill, even Liz Warren agrees
WASHINGTON, D.C. — President-elect Donald J. Trump and Vice President-elect JD Vance released a statement Thursday lambasting Congressional Republicans for allowing the United States to hit its debt ceiling in 2025 and…
‘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 McCarthy on Monday expressed little confidence about…
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 a way to avoid a U.S. default,…
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 the U.S. government borrowing limit. President Joe…
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 a deal on the debt ceiling as…
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 ceiling soon. Judging by the history of 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 earnings forecasts from some top companies. According…
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 on talks to raise the federal debt…
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 the U.S. debt ceiling and ever-present fear…
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 lobby group next week, a senior Treasury…
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 over whether the risk of a U.S.…
‘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 said Wednesday that Republicans in Congress should…
‘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 are warning of severe consequences, including impeachment…
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 setting policy for the Pentagon, as the…
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, could create a financial panic, according to…
‘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 limit negotiations ensue between President Joe Biden…
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 economic agenda hijacked by a bitter partisan…
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 claimed on Sunday, 7 May that America…
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 a months-long standoff over the government’s debt…
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 world markets still at an impasse on…
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 White House on Tuesday afternoon for closed-door…
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 trillion federal debt limit would cause a…
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 U.S. default on its debt would have…
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 on Sunday when she said failure to…
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 has broken with his party and President…
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 suspension of the federal debt ceiling, a…
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