May 17, 2023 14:29 GMT
Biden To Speak On Debt Ceiling At 1045ET
WHITE HOUSE
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White House officials have confirmed that President Joe Biden will deliver remarks on the debt ceiling at 1045ET (1545BST/1645CET). Link to livestream can be found here:https://www.youtube.com/watch?v=dKn76fhRI38
- The comments come amid fevered efforts to avoid a federal default. Yesterday Biden met with House Speaker Kevin McCarthy (R-CA) and other senior congressional officials to seek some form of progress on the issue.
- Today, Senate majority leader Chuck Schumer (D-NY) is meeting with the CEOs of major banksto talk about the issue, and House minority leader Hakeem Jeffries (D-NY)files a discharge petition to seek to avoid a default.
- For the latest updates and analysis on the debt ceiling talks and other major US political risk coverage, see our US Daily Brief:https://marketnews.com/mni-political-risk-analysis...
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