Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble
Posted inBanking and Financial Institutions Biden, Joseph R Jr Federal Budget (US) Federal Reserve System Government Bonds National Debt (US) Politics and Government Republican Party Senate Stocks and Bonds Treasury Department United States United States Economy United States Politics and Government

Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble

If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
Phil Washington, Biden’s F.A.A. Nominee, Faces Murky Road to Confirmation
Posted inBiden, Joseph R Jr Denver (Colo) Denver International Airport Federal Aviation Administration Los Angeles County (Calif) Los Angeles County Metropolitan Transportation Authority Los Angeles County Sheriff's Department Senate Senate Committee on Commerce, Science, and Transportation United States Politics and Government Washington, Phillip A.

Phil Washington, Biden’s F.A.A. Nominee, Faces Murky Road to Confirmation

The nominee, Phillip A. Washington, who has yet to receive a confirmation hearing, has drawn scrutiny over his aviation experience and his involvement in a corruption inquiry.