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The Latest Breaking News from White House

Stock Market Today: Stocks Turn Lower Amid Debt Ceiling Setback

The major indexes swung lower Friday after lawmakers reached an impasse in debt ceiling negotiations.

Kiplinger

Dollar Slips on a Snag in Debt Ceiling Talks and Dovish Powell

The dollar index (DXY00 ) on Friday fell by -0.36%. The dollar retreated after Friday after talks to raise the debt ceiling hit a roadblock when Republican negotiators left a meeting with White House representatives and said talks were on a “pause.” The dollar also moved lower Friday after Fed...

Barchart

White House Probes Tracking Tech That Monitors Workers’ Productivity: Kiplinger Economic Forecasts

White House probes tracking tech that monitors workers’ productivity: Kiplinger Economic Forecasts

Kiplinger

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McCarthy puts debt-limit talks on ‘pause’ as clock ticks down

WASHINGTON — Debt-limit negotiations hit an impasse Friday as House Speaker Kevin McCarthy blamed the White House for resisting spending cuts, casting doubt on efforts in Washington to avert a catastrophic default.

Tribune News Service

Republican says US debt-ceiling talks to resume

Republican Leader McCarthy says deb cap negotiations will resume Friday evening after a pause that rattled markets.

Al Jazeera

Republican debt-ceiling negotiators walk out of meeting, say White House ‘unreasonable’

House Speaker Kevin McCarthy’s top debt-ceiling negotiators abruptly left a closed-door meeting with White House representatives soon after it began Friday morning, throwing into doubt the status of talks to avoid a US default.

Tribune News Service

SC’s Tim Scott files to enter 2024 Republican presidential race

U.S. Sen. Tim Scott formally entered the race for president Friday, filing paperwork with the Federal Election Commission declaring that he was beginning a White House campaign.

Tribune News Service

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DeSantis more likely to ‘double down’ than pivot as he enters presidential race

Thomas Massie had been in Congress less than a year when a colleague approached him with a controversial plan. Rep. Ron DeSantis of Florida, himself a freshman, was urging Republican lawmakers on to the U.S. House floor to rail against a proposed Internet sales tax that had the strong support…

McClatchy Washington Bureau

White House: "real differences" in debt talks

Team Biden also wants to signal that a bipartisan compromise is still possible

Axios

Debt talks resume after a snag as the country gets closer to a possible default

Negotiators between the White House and House Speaker Kevin McCarthy's team briefly paused talks on Friday. There's a little more than a week before the country runs out of money to pay its bills.

WEKU

Trump’s White House lawyer predicts ex-president will end up in jail as Mar-a-Lago probe heats up

Ty Cobb’s prediction came as it was revealed that the National Archives had found a trove of records allegedly proving the former president knew he shouldn’t have taken classified documents to Mar-a-Lago

The Independent UK

NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

The Independent UK

Negotiating with post-Trump Republicans is like dealing with a toddler’s tantrum

While one side is happy to defecate on the floor, the other side has no choice but to clean up the mess

The Guardian - US

Democrats, worried about a Biden-McCarthy deal, push a backup plan to avoid default

Progressive Democratic lawmakers raised the alarm over comments Biden made earlier this week suggesting he's entertaining possible changes to federal safety net programs.

WEKU

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Tribune News Service

Martin Schram: Another master plan run amok

As President Joe Biden’s Air Force One landed in Japan Wednesday for a carefully planned G7 summit, he had a world of problems on his mind:

Chicago Tribune

Chicago to work with Biden administration on plan to fight homelessness

The White House on Thursday announced a two-year, multiagency federal partnership with Chicago aimed at curbing unsheltered homelessness, placing a federal official within city government to organize response plans and help coordinate sources for additional federal funding.

The Independent UK

White House vows more federal aid to reduce homelessness in 5 cities and California

Five major U.S. cities and the state of California will receive federal help to get unsheltered residents into permanent housing

The Independent UK

Debt ceiling negotiators rushing for weekend deal, but much work remains

Negotiators from the White House met over the debt limit with House Speaker Kevin McCarthy’s emissaries at the Capitol

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Salon

Kevin McCarthy created this "crisis"

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

The New Daily

Biden heads to Japan for G7, reassures Pacific allies

US President Joe Biden has departed for Hiroshima to attend this year's Group of Seven summit.

Reuters

Biden will try to hold trilateral meeting with South Korean, Japanese leaders during G7

U.S. President Joe Biden will try to hold a trilateral meeting with South Korean and Japanese leaders on the sidelines of a summit of G7 leaders in Japan, White House National Security Advisor Jake Sullivan said on Wednesday.

The Independent UK

Who's who in the debt limit fight: Meet the four negotiators who could save the US from default

President Joe Biden and House Speaker Kevin McCarthy are turning to a select group of negotiators to help broker a deal to increase the nation’s borrowing authority and avoid the economic carnage that would ensue if a deal is not reached soon

Roll Call

White House defends Biden’s travel to Japan amid debt talks - Roll Call

President Joe Biden heads to Japan as debt talks continue, but faces Republican criticism for leaving the country.

Daily Mirror

Iran-Russia's lethal pact could have 'dire consequences' for US - and nuclear deal

A security expert has spoken exclusively to The Mirror over the potential consequences Iran and Russia's military relationship will have on the US after the White House revealed Iran is supplying hundreds of drones to Moscow

The Independent UK

Biden says he’s ‘confident’ US won’t default on debt

‘America will not default,’ President Biden says

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