JPMorgan's Dimon says debt ceiling standoff could cause panic - report
NEW YORK JPMorgan Chase & Co's CEO Jamie Dimon said the congressional standoff over the U.S. debt ceiling,
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White House backs faster energy project permits, joining Republicans
By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) -The White House on Wednesday called on Congress to pass permitting legislation
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Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
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What Biden, McCarthy, McConnell said about the US debt ceiling
WASHINGTON President Joe Biden and top Republican lawmakers met face-to-face on Tuesday as a deadlock over raising the
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Biden, McCarthy start U.S. debt ceiling talks as clock ticks to default
By Steve Holland WASHINGTON U.S. President Joe Biden and top Republican lawmakers will declare their positions face to
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Biden to meet with congressional leadership as threat of national debt default looms
President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.
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McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
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US debt limit default could hit in early June to early August -think tank
By David Lawder WASHINGTON The U.S. government will begin defaulting on its payment obligations between early June and
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What to watch for in the Biden-McCarthy debt ceiling meeting
By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON U.S. President Joe Biden meets Republican House Speaker Kevin McCarthy and
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Yellen says 'no good options' if Congress fails to raise debt ceiling
By Andrea Shalal and David Lawder WASHINGTON Treasury Secretary Janet Yellen said on Monday that a failure by
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Union sues to strike down US debt limit as default looms
By Daniel Wiessner A union for U.S. federal government employees filed a lawsuit on Monday claiming a law
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If US defaults on its debt, Treasury would have to decide how to pay the bills
As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation -- figuring out which bills to pay with the money it has on hand if Congress doesn't act.
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