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The Latest Breaking News from the White House

Look who's talking: Biden goes quiet in debt-limit talks, while McCarthy can't stop chatting

President Joe Biden has made a deliberate decision to go quiet as his team gets down to the wire in the debt-limit talks, according to White House officials

The Independent UK

McCarthy faces pressure from conservatives vital to his job as debt talks resume

WASHINGTON — House conservatives ratcheted up pressure on Speaker Kevin McCarthy to hold firm in talks over raising the debt ceiling just days before a potentially catastrophic U.S. default.

Tribune News Service

DeSantis signs bill allowing him to run for president without resigning

TAMPA, Fla. — In another incremental step in his bid for the White House, Gov. Ron DeSantis on Wednesday signed a bill clarifying that Florida elected officials can remain in office while running for president.

Tribune News Service

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Ron DeSantis joins White House race, tripped up by chaotic Twitter launch

Florida Governor Ron DeSantis suffered a chaotic start to his 2024 presidential election race on Wednesday when glitches marred an online forum hosted by Twitter owner Elon Musk that was meant to showcase DeSantis' fitness for the job.

Reuters

Massive money manager Pimco likens passing a debt ceiling deal to passing a kidney stone: ‘We are in the painful period right now’

“We know it will pass, it is just a question of how painful it will be,” Pimco’s Libby Cantrill wrote Wednesday.

Fortune

GOP, Biden negotiators resume talks amid debt default impasse

WASHINGTON — Negotiators for the White House and House Republicans resumed talks on lifting the U.S. debt ceiling amid an impasse just days before a potentially catastrophic default, according to a person familiar with the matter.

Tribune News Service

Unnecessary brinkmanship: On the U.S.’s fiscal quagmire

Political brinkmanship in the United States brinkmanship could cause a painfully intractable economic crisis

The Hindu

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US lawmakers blame each other for debt ceiling standoff: ‘They are not negotiating’

Democrats and Republicans continue to trade pointed remarks, underscoring that agreement is not in reach to avoid default

The Guardian - US

In play to GOP base, House votes to block student loan relief

The House approved a measure to block President Biden's plan to forgive up to $20,000 in student debt, which courts have already postponed.

Roll Call

Debt limit talks back on, this time with change of venue - Roll Call

House Republican and White House negotiators met midday Wednesday on President Joe Biden's home turf for a change.

Roll Call

Trump tries to hijack DeSantis 2024 announcement day with five insult-packed rants

The former president began his day on Wednesday morning by spewing insults at the man expected to become his biggest rival for the Republican nomination in the 2024 presidential race

The Independent UK

Markets Today: Stocks Decline as U.S. Debt Limit Talks Stall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.43%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.51%. U.S. stock index futures this morning are moderately lower as U.S. debt ceiling talks stall. Republican negotiators said the White House is showing little urgency...

Barchart

Debt ceiling talks aren't going well. Here's where they stand

House Republicans insist there's a gulf between them and the White House on key areas on how to resolve the looming debt ceiling deadline.

WEKU

College student who tracked Elon Musk’s private jet is now following Ron DeSantis

‘Well, you know Ron DeSantis is becoming more and more of a public figure in that he might run for the White House’

The Independent UK

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The Independent UK

Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist

Debt ceiling negotiations are locked on a classic problem that has vexed Washington before: Republicans led by House Speaker Kevin McCarthy want to roll back federal government spending, while President Joe Biden and other Democrats do not

The Hindu

Biden receives numerous requests from Indian-Americans to attend state dinner planned for PM Modi

White House Press Secretary Karine jean-Pierre told reporters that the U.S. president Joe Biden and the first lady looking forward to welcoming Prime Minister Modi for the official state visit on June 22.

Tribune News Service

Congress votes to rescind Biden administration emissions rules for heavy-duty trucks

WASHINGTON — The U.S. House voted 221-203 Tuesday, mostly along party lines, to overturn an Environmental Protection Agency rule to reduce smog- and soot-forming emissions from heavy trucks.

Tribune News Service

Former Arkansas Gov. Asa Hutchinson pushes optimistic White House bid, not a candidate that ‘creates chaos’

COLUMBIA, S.C. — Former Arkansas Gov. Asa Hutchinson wants to bring an optimistic tone as he makes his bid for the White House.

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Roll Call

Another day, another pause in debt ceiling negotiations - Roll Call

Debt limit talks broke down again Tuesday as negotiators described disagreements over spending levels and other policy add-ons.

The Independent UK

White House unveils new efforts to guide federal research of AI

The White House has announced new efforts to guide federally backed research on artificial intelligence

Fortune

‘Greedflation’ takes a turn: Republicans’ hatred of Joe Biden’s economy makes them easy prey for ‘profit-led inflation episodes,’ UBS chief economist says

Look closely at the Michigan consumer sentiment data, Paul Donovan says: “The detail is hilarious…The two groups appear to be living on different planets.” It was flipped under Trump.

The Independent UK

Debt ceiling talks grind on, but Republicans say there's a 'lack of urgency' from White House

Debt ceiling negotiators for President Joe Biden and House Speaker Kevin McCarthy are holed up again at the Capitol

The Guardian - US

US surgeon general issues advisory on ‘profound’ risks of child social media use

Dr Vivek Murthy calls on tech companies and policymakers to take ‘immediate action’ to protect children’s mental health

Salon

Expert: DOJ worried Don "monetized" docs

"There is a whole other set of potential criminal charges,” says Neal Katyal

The Conversation

White House plan to combat antisemitism needs to take on centuries of hatred, discrimination and even lynching in America

As reported antisemitic incidents in the U.S. in 2022 soared to an all-time high, the White House began developing plans to combat this hate, proclaiming in an official statement, “antisemitism has no place in America.”

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