Bloomberg
Jim Jordan Hopes to Get a House Speaker Elected 'Today'
Representative Jim Jordan said there is work to do in helping Israel and funding the US government, telling reporters Friday on Capitol Hill, "the quickest way to get all this work in is to get a speaker elected, that's what I hope we...
Bloomberg
Republican Scalise Drops Out of US House Speaker Race
Representative Steve Scalise has abandoned his campaign to become House speaker following days of contentious meetings among fellow Republicans. Billy House reports on Bloomberg Television.
Bloomberg
Israel Latest: US and Qatar to Hold Iran Funds
Bloomberg has learned that the US has reached an informal understanding with Qatar to hold off distributing $6 billion in oil revenue to Iran. The Biden administration is said to be probing Tehran's potential involvement in Hamas's...
Bloomberg
Largest Intel Failure in Israel Military's History: Middle East Forum
"This was the largest operational and intelligence failure in the history of the Israeli military and Israeli government." Gregg Roman, director of the Middle East Forum think tank, talks about the shock attack by Hamas within Israel....
Bloomberg
The Federal Deficit (Debate) Is Out of Control
Too much federal spending is at the core of what Congress is fighting over. It's one of the main arguments conservative Republicans used when the government almost shut down in September and for ousting Kevin McCarthy as Speaker.
But...
Bloomberg
US Government Shutdown Averted: What's Next?
The deal to avert the government shutdown will keep the government running until Nov. 17, but it might come with a heavy political cost for House Speaker Kevin McCarthy. Kailey Leinz reports on Bloomberg Television.
Bloomberg
Government Shutdown Looms, Ukraine Aid Trouble
Bloomberg's Zach Cohen and Nancy Cook report on the possibility of a government shutdown and trouble for Ukraine funding. They also discuss unfavorable poll results for President Biden as he prepares to depart for the G20 summit, while...
Bloomberg
Maya MacGuineas on Spending Bills, Risk of a Shutdown
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, discusses whether or not spending bills will pass as Congress heads to their August recess while the risk of a government shutdown looms at the end of the...
Bloomberg
Trump Classified Documents Trial Set for May 2024
Bloomberg's Christian Hall and Julie Fine discuss Former President Donald Trump's trial date over classified documents and how this will affect his 2024 Presidential campaign. They also talk about President Biden announcing Artificial...
Bloomberg
Debt-Limit Deal Passes House, Easing US Default Concerns
The House passed debt-limit legislation in a 314-117 bipartisan vote Wednesday evening, sending the measure to the Senate for consideration as a US default deadline draws near. Bill Faries reports on Bloomberg Television.
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Bloomberg
House Democratic Leader Jeffries on Debt Ceiling, Vote
House Minority Leader Hakeem Jeffries says that Democrats are going to make sure House Speaker Kevin McCarthy holds up his end of the deal of getting enough votes to pass the debt ceiling bill. He speaks with Annmarie Hordern and Joe...
Bloomberg
Fitch Places US on Rating Watch Negative
Fitch Ratings said it may downgrade the US's AAA credit rating to reflect the worsening political standoff that's preventing a deal to solve the nation's debt-ceiling crisis. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Treasuries Will Find a Range by End of Year: Seth
Neeraj Seth, chief investment officer and head of Asian credit at BlackRock Inc., discusses the warning from Fitch Ratings about the possible credit downgrade for the US and his outlook for treasuries. He speaks on Bloomberg Television.
Bloomberg
Blackstone's Schwarzman Doesn't Foresee a US Default
Blackstone Inc. Chief Executive Officer Steve Schwarzman says, "I don't foresee a situation where there would be a default," as he discusses US debt ceiling negotiations during a conversation with Francine Lacqua at the Qatar Economic...
Bloomberg
Debt Limit Negotiators Resume Talks
Debt-limit negotiators resumed discussions in Washington ahead of a meeting on Monday between President Joe Biden and House Speaker Kevin McCarthy, as time grows short to avert a US default. Tony Czuczka reports on Bloomberg Television.
Bloomberg
White House: Continues to Be Real Differences on Debt
"The President is confident that there is a path forward if both sides come in good faith." White House Press Secretary Karine Jean-Pierre talks about the debt limit negotiations. She speaks to reporters in Hiroshima, Japan, where...
Bloomberg
Biden, McCarthy Voice Cautious Optimism on Debt Deal
President Joe Biden and House Speaker Kevin McCarthy held talks on Tuesday at the White House. They said a bipartisan deal to raise the debt ceiling could be possible within days even as McCarthy warned the two sides remained far apart....
Bloomberg
Biden to Meet Congressional Leaders Before Japan Trip
Treasury Secretary Janet Yellen says the US is already paying a price for its failure to raise the debt limit as talks between the White House and lawmakers continue into a second week. Derek Wallbank reports on Bloomberg Television.
Bloomberg
Powell Cites Dot Plot as GOP Presses on Future Hikes
Federal Reserve Chair Jerome Powell pointed to policymakers' latest forecasts showing they anticipate one more increase when asked in a private meeting with conservative US lawmakers how much further the central bank will raise interest...
Bloomberg
Yellen Warns No Good Options to Congress on Debt Limit
Treasury Secretary Janet Yellen offered a stark warning that there are "simply no good options" for solving the debt limit stalemate besides Congress lifting the cap during an appearance Sunday on ABC's "This Week." Bruce Einhorn reports...
Bloomberg
Markets in 3 Minutes: Bank Turmoil Matters But It's No Crisis
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets: Europe."
Bloomberg
U.S. Clothing Industry 'Pleased' With Uyghur Bill, AAFA Says
Stephen Lamar, president and chief executive officer of the American Apparel and Footwear Association, discusses what the political tensions between the U.S. and China over human rights are affecting businesses. AAFA is an industry trade...
Bloomberg
CBO's AHCA Score Can Add to Trump's Budget Battle
May.24 -- President Donald Trump's 2018 budget could face a big roadblock from the Congressional Budget Office when it scores the ACHA plan passed by the House. Bloomberg's Toluse Olorunnipa reports on "Bloomberg Daybreak: Americas."
Bloomberg
Rep. Black Sees June Timeframe for Budget Release
May.24 -- Rep. Diane Black, chairman of the House Budget Committee and a Republican from Tennessee, discusses President Donald Trump's 2018 budget and the need to get deficit spending under control. She speaks with Bloomberg's David...