Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:15
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:21
Yellen warns US default could trigger recession, 'break' financial markets
WASHINGTON Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions
2023-05-16 21:17
Three in four Americans worry debt-ceiling default could hurt them: Reuters/Ipsos poll
By Andy Sullivan WASHINGTON Americans are worried about the prospect of the U.S. government defaulting if Congress fails
2023-05-16 18:29
US economy 'hangs in the balance' as debt limit impasse drag on - Yellen
By Andrea Shalal WASHINGTON The standoff over the federal debt limit is already having dire consequences for the
2023-05-16 18:24
Biden, McCarthy to meet as US debt-ceiling talks come down to wire
By David Morgan and Jarrett Renshaw WASHINGTON Democratic President Joe Biden and top congressional Republican Kevin McCarthy will
2023-05-16 18:22
US on track for June 1 default without debt ceiling hike, Treasury says
By David Lawder, Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury Department reiterated Monday it expects to be able to pay
2023-05-16 15:59
Biden, McCarthy debt ceiling meeting planned for Tuesday afternoon
WASHINGTON A debt limit meeting between U.S. President Joe Biden and top lawmakers including Republican House of Representatives
2023-05-16 07:16
US may default on debt as soon as June 1, Yellen reaffirms
It's still likely that the US could default on its obligations in early June if Congress doesn't act, Treasury Secretary Janet Yellen said Monday.
2023-05-16 04:27
Food aid cuts still 'red line' in debt ceiling talks, says Senate farm committee chair
By Leah Douglas WASHINGTON Expanding work requirements for the largest U.S. food assistance program is still a "red
2023-05-16 04:24
Republicans reject White House tax loophole proposal in debt talks -WaPo
WASHINGTON The White House last week gave Republican lawmakers a list of proposals to reduce the deficit by
2023-05-16 03:24
Fed monetary policy mechanics would be tested by US debt default
By Michael S. Derby NEW YORK A default on U.S. Treasury debt would be a leap into the
2023-05-16 02:45