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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSchumer: 'Cloture Vote On Debt Ceiling As Soon As Thursday'
Senate majority leader Chuck Schumer (D-NY)'s speaking from the Senate floor regarding last night's debt limit vote: "Last night, I took the first procedural step to advance this legislation, setting up a cloture vote to take place as soon as Thursday...Once our proposal is approved by the Senate, we'll be able to address the debt limit in this chamber with a simple majority vote, which is exactly what Democrats have been seeking for months...I want to thank the Republican Leader for his help working with us to find a responsible path that avoids partisan brinkmanship."
- Treasury Secretary Janet Yellen has previously stated that the likely deadline for passing a debt ceiling suspension is 15 December, although there has been conjecture that it could actually be some point in January.
- Nevertheless, Congressional Dems keen to see issue resolved (or at least can kicked down the road) by 15 Dec.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.