The U.S. House of Representatives passed the Fiscal Responsibility Act in a bipartisan vote of 314 to 117 on Wednesday temporarily suspending the nation’s debt
Despite Republican opposition, a bipartisan bill to raise the federal debt ceiling to $31.4 trillion advanced by a narrow margin through the House Rules Committee
Debt ceiling negotiations continued between President Joe Biden and House Speaker Kevin McCarthy (R-CA) on Tuesday resulting in the delegation of trusted surrogates to resolve
During debt ceiling negotiations on Tuesday, President Joe Biden rejected any changes to the Inflation Reduction Act. The White House is considering a cap on future
White House Press Secretary Karine Jean-Pierre has clarified that President Biden will not negotiate on the debt ceiling during a scheduled May 9 meeting with
On Monday new mortgage rules under the Biden administration went into effect which could increase fees for borrowers with good credit scores to offset costs
President Biden is set to meet with Congressional leaders on May 9 to discuss how the U.S. will avoid running out of money after Treasury
Treasury Secretary Janet Yellen has informed Congress that the U.S. could reach its debt limit as soon as June 1 if the debt limit is
House Speaker Kevin McCarthy (R-CA) and his leadership team made several concessions to secure enough votes to pass the Limit, Save, and Grow Act —
The Internal Revenue Service (IRS) said it would prioritize and ramp-up enforcement in the area of digital asset transactions and listed transactions. In a recently
On Wednesday Credit Suisse lost nearly 25% of its value, plunging to a new record low. The Swiss bank’s largest investor, Saudi National Bank (SNB),
In just 48 hours the banking sector has experienced the collapse of two major U.S. banks — Silicon Valley Bank (SVB) and Silvergate. SVB serviced
Investigative reporter Paul Sperry, a New York Post columnist and veteran Hoover Institute media fellow, discovered a connection between Biden’s treasury secretary Janet Yellen and
Today the California Department of Financial Protection and Innovation closed Silicon Valley Bank (SVB), Santa Clara, California, and appointed the Federal Deposit Insurance Corporation (FDIC)
Rep. James Comer (R-KY), Chairman of the House Oversight Committee, is calling for an investigation of the Secret Service concerning it’s ‘bizarre’ behavior regarding Hunter
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