• US President Biden, House Speaker McCarthy divided over debt ceiling but still talking

Market news

9 May 2023

US President Biden, House Speaker McCarthy divided over debt ceiling but still talking

President Joe Biden and top lawmakers failed to break a deadlock on Tuesday in face-to-face talks over raising the $31.4 trillion U.S. debt limit but vowed to meet again with just three weeks before the country may be forced into an unprecedented default.

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