Financial markets dipped on news of the debt ceiling talks stalling, after a week of purported progress.
It is unclear if the negotiations will resume this weekend.A barrier to stop vehicles stands in front of the US Capitol in Washington, DC, on May 11, 2023.WASHINGTON — High-stakes negotiations over raising the debit limit abruptly came to a halt Friday on Capitol Hill, after Republican negotiators walked out of the room and blamed the White House for holding up the talks.
"Until people are willing to have reasonable conversations about how you can actually move forward and do the right thing, then we're not gonna sit here and talk to ourselves," Rep. Garret Graves, R-La., told reporters. "We decided to press pause because it's just not productive," he added. Graves said he did not know if talks would resume this weekend.
Financial markets dipped on the news, which came after a positive week of talks that signaled a deal was close.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Debt ceiling demands and red lines for the White House and RepublicansHere's what Republicans and Democrats are demanding regarding the debt ceiling, and the red lines they're drawing.
Weiterlesen »
House Republicans block Democratic effort to expel George Santos from CongressHouse Republicans have blocked a Democratic resolution that would have forced a vote on whether to expel New York Congressman George Santos.
Weiterlesen »
Republicans block George Santos expulsion, refer matter to House Ethics CommitteeHouse Republicans blocked an effort by Democrats to expel embattled Rep. George Santos, R-N.Y., and instead referred the matter to the House Ethics Committee.
Weiterlesen »
House Republicans Show Off 'Their Moral Bankruptcy' by Refusing to Oust Santos'House Republicans have once again demonstrated their moral bankruptcy by shielding a deceitful and indicted fraudster in their ranks,' StandUpAmerica's Brett Edkins said of the vote on expelling George Santos.
Weiterlesen »