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Here’s What Treasury, Fed Might Do in a Debt Ceiling CrisisU.S. regulators have long insisted that financial institutions have contingency plans for potential crises. A potential crisis now looms: an unprecedented default on Treasury debt.
Source: WSJ - 🏆 98. / 63 Read more »
Kevin McCarthy Shores Up GOP Lines as Debt-Ceiling Battle LoomsHouse passage of the GOP debt-ceiling bill was a narrow win for Speaker Kevin McCarthy—and a warm-up to getting Democrats to the table on spending cuts.
Source: WSJ - 🏆 98. / 63 Read more »
Ted Cruz Maligns Biden, Claims He Is 'Behaving Like a Terrorist' with Debt CeilingCruz also attacked White House staffers, calling them 'little Marxists with no experience in the real world.'
Source: RollingStone - 🏆 483. / 51 Read more »
Scalise calls for Biden to 'get off the sidelines' in debt ceiling talks'President Biden is clearly trying to run out the clock and create a debt crisis. That's irresponsible,' House Majority Leader Steve Scalise said on ThisWeekABC, urging Biden to negotiate with Speaker McCarthy.
Source: ABC - 🏆 471. / 51 Read more »
Exclsuive – Rep. Gooden: House's Debt Ceiling Bill Puts Schumer in 'Bad Spot'Rep. Lancegooden (R-TX) believes Sen. Chuck Schumer (R-NY) is in a weak position to cobble together his own debt ceiling plan.
Source: BreitbartNews - 🏆 610. / 51 Read more »