How the debt ceiling showdown could play into China's hands and weaken US global power
President Joe Biden's pledge to the world that "America is back" after a period of political turbulence is looking a little shaky after a debt showdown with Republicans forced him to shorten an Asia-Pacific trip designed to showcase US power amid a challenge from China.
2023-05-17 12:18
Biden cancels visits to Australia and Papua New Guinea as debt ceiling negotiations continue
President Joe Biden is canceling his upcoming visits to Papua New Guinea and Australia due to the ongoing debt ceiling negotiations in Washington, an administration official told CNN.
2023-05-17 03:46
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
Haley's financial disclosure report shows lucrative speaking engagements
Republican presidential candidate Nikki Haley's financial disclosure report shows the former US ambassador to the United Nations was paid between $100,001 and $1 million each for 12 speaking engagements in 2022 and 2023.
2023-05-16 07:52
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
Top Treasury official says debt limit talks have been 'constructive'
A top US economic official said Sunday that talks between congressional staff and the White House have been "constructive" as the US barrels toward a debt limit deadline that could come as soon as June 1.
2023-05-15 01:22
Debt ceiling: Still no plan to avoid a default, but major shifts in posture
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. On one hand, it looks like this could go to the brink. On the other, there have been pockets of progress over the intervening days and signs that some of the most stringent and hardened positions negotiators have been echoing over the last three months are slowly beginning to soften.
2023-05-13 04:54
Here's how the 14th Amendment factors into the debt ceiling debate
As the stalemate over addressing the debt ceiling continues and the threat of default looms larger, President Joe Biden has resurfaced the controversial idea of using the 14th Amendment as a way to lift the borrowing cap without Congress.
2023-05-12 21:22
Private equity investor identified as political contributor allegedly duped by George Santos
Private equity investor Andrew Intrater is one of the people federal prosecutors allege Rep. George Santos induced to donate money as part of an alleged scheme that diverted purported political contributions to Santos' personal use, Intrater's lawyer confirmed to CNN on Thursday.
2023-05-12 08:19
White House takes signature law off negotiating table in early spending, debt ceiling talks
The White House is drawing its battle lines.
2023-05-12 05:00
Santos avoids prosecution in deal with Brazilian authorities in fraud case
US Rep. George Santos has signed a deal with Brazilian authorities to avoid prosecution in lieu of a confession, reimbursement for the victim and a fine to the state stemming from a 2008 fraud case, his attorney said.
2023-05-12 03:58
What to know about the charges against George Santos and what happens next
Rep. George Santos has been charged in a federal criminal probe that -- from a legal standpoint -- won't affect his status as a member of Congress but will ensnare him in a potentially yearslong court process that could result in a sentence of several years in prison.
2023-05-11 04:18