Jamie Dimon is the latest to urge action against the traders who have targeted the regional lenders and made huge profits.
Category: Democratic Party
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How Might the Government Avoid Default? Biden Offers Clues.
After making little progress with Republican leaders at the White House on Tuesday, the president previewed two possible endgames to resolve a debt-limit standoff.
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Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms
The president will host the House speaker and other congressional leaders at the White House on Tuesday to discuss their impasse over the debt ceiling and spending cuts.
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Migrant Child Labor Debate in Congress Becomes Mired in Immigration Fight
Revelations that migrant children have been exploited for cheap labor brought calls for action, but a partisan battle over immigration policy has complicated lawmakers’ efforts.
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With Default Looming, What Can Biden Do?
The president has not wavered in his calls for Republicans to raise the nation’s borrowing limit without condition. Privately, his aides have discussed other paths.
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House Democrats Move to Force a Debt-Limit Increase as Default Date Looms
House Democratic leaders who have been quietly planning a strategy to force a debt ceiling increase to avert default began taking steps on Tuesday to deploy their secret weapon.
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The Debt Ceiling Debate Is About More Than Debt
Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on energy policy than reducing debt.
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Trump’s Indictment and What’s Next
The New York Times – Business:The fallout will be widespread, with ramifications for the 2024 presidential race, policymaking and more.
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Lobbyists Begin Chipping Away at Biden’s $80 Billion IRS Overhaul
The New York Times – Business:The tax preparation industry is alarmed over the prospect that the Internal Revenue Service will devise its own free tax-filing system.
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Double-Barreled Economic Threat Puts Congress on Edge
The New York Times – Business:Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
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Shares in First Republic and Others Rise After Federal Bank Rescue
The New York Times – Business:First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.