The Latest Breaking News from Kevin McCarthy

A new poll finds that most U.S. adults say they are highly concerned about the impact on the national economy if the U.S. debt limit is not increased and the government defaults on its loans

"There are going to be a lot of Democrats in a really uncomfortable position."

House Speaker Kevin McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend and that he expects his chamber to consider a deal by next week.

Lawmakers from both parties suggested negotiators were making progress Thursday toward a bipartisan deal that would raise the debt limit.

At least Mitch McConnell admits the obvious: There will be no default, and everyone knows it. So WTF is going on?

Santos faces a potential expulsion vote in the House

Ukraine war and China’s Taiwan ambitions are expected to dominate G7 discussions, but Fumio Kishida will have a powerful backdrop. Plus, the rise and fall of Rudy Giuliani

June S&P 500 futures (ESM23) are up +0.16%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.21% this morning after three major U.S. benchmark indices rallied on Wednesday as hopes of a deal to raise the U.S. debt limit and a jump in regional bank stocks boosted risk appetite.

June S&P 500 futures (ESM23) are up +0.08%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.15% this morning after three major U.S. benchmark indices rallied on Wednesday as hopes of a deal to raise the U.S. debt limit and a jump in regional bank stocks boosted risk appetite.