House Speaker Kevin McCarthy (R-CA) speaks as he holds a press conference after the House approved the debt ceiling deal he negotiated with the White House to end their standoff and avoid a historic default, at the U.S. Capitol in Washington, U.S. May 31, 2023. REUTERS/Jonathan ...
Last week Lee said he intended to “use every procedural tool at my disposal to impede a debt-ceiling deal that doesn’t contain substantial spending and budgetary reforms.” 7:50 a.m. 5:06:32, May 31, 2023 Senate Democrats have mixed reactions to debt limit deal From CNN's Lauren...
Debt Ceiling, Immigration and Donald Trump: The Week in Cartoons May 15-19May 19, 2023, at 3:38 p.m. Save View all 16 Photos Nick Anderson|Tribune Content AgencyU.S. News Decision Points Your trusted source for the latest news delivered weekdays from the team at U.S. New...
US Debt Ceiling: The Wary View from MexicoAgren, David
The debt limit has been suspended since June 2023 when Congress passed a bipartisan deal reached between then-House Speaker Kevin McCarthy and President Joe Biden. Under that law, the limit on Treasury’s ability to issue debt to cover the nation’s bills returns on Jan. 2. ...
Despite public protestations, the US government could in extremis turn to radical solutions to avert the potential financial apocalypse of a US default, such asminting a $1tn cointo deposit at the Fed, but the challenge for investors is how to correctly price in the extremely slim but not in...
(ECNS) -- After months of partisan arm-wrestling, the US Congress approved the bill to raise America's debt ceiling after the Senate's passage late Thursday. The two parties in the United States engaged in a last-minute tug-of-war over the US debt "bomb," which reached a critical ...
While yields on three-month Treasury bills subsided somewhat at the end of last week, jitters have come sooner than during the debt ceiling countdowns of 2011 and 2013, according to Mark Cabana, a strategist at Bank of America Merrill Lynch. This is striking given that Republicans have contro...
(ECNS) -- After months of partisan arm-wrestling, the US Congress approved the bill to raise America's debt ceiling after the Senate's passage late Thursday. The two parties in the United States engaged in a last-minute tug-of-war over the US debt "bomb," which reached a critical poin...
Though Trump has given up on ESG and DEI initiatives, investors don't have to. Jeff ReevesFeb. 12, 2025 7 Top Performing Equal Weight ETFs These seven equal weight ETFs offer a more balanced approach to superior performance. Glenn FydenkevezFeb. 12, 2025 ...