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Speaker Kevin McCarthy (R-Calif.) emerged Monday evening from a roughly hour-long meeting with President Biden on the debt ceiling saying the latest conversation was “productive,” but that the two sides still don’t have an agreement on how to avoid default just days until the deadline. “I felt we had a productive discussion. We don’t have…
Speaker Kevin McCarthy (R-Calif.) signaled on Saturday that he doesn’t think debt limit negotiations can move forward until President Biden returns to Washington. “Unfortunately, the White House moved backwards,” McCarthy told reporters, as he left the Capitol with Rep. Garret Graves (R-La.) — the lead GOP negotiator, and Rep. Patrick McHenry (R-N.C.). “I don’t think…
Republicans and the White House resumed debt ceiling talks on Friday evening after frustrated GOP negotiators hit pause for much of the day. But a key Republican negotiator is not confident about coming to an agreement this weekend, which Speaker Kevin McCarthy (R-Calif.) has said has to happen to allow legislation to pass through the…
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FTX founder Bankman-Fried agrees to testify at House hearing on collapse The founder and former CEO of bankrupt cryptocurrency platform FTX on Friday said he will testify before a House committee next week despite his initial reluctance. In a Friday tweet, Sam Bankman-Fried announced he would testify before the House Financial Services Committee at its…