Free Trial

Schumer Confirms Debt Ceiling Deal

US

Speaking on the Senate floor majority leader Chuck Schumer (D-NY) states that "I have some good news...We've reached agreement to extend the debt ceiling through early December, and it's our hope that we can get this done as soon as today."

  • The deal will see the issue kicked down the road until early December, giving Senate Democrats more time to raise the debt ceiling without Republican support via reconciliation.

To read the full story

Close

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.