financial markets

U.S. House Financial Services Committee Chair Patrick McHenry, a North Carolina Republican, left, and House Speaker Kevin McCarthy speak to reporters outside the White House following a meeting on the debt limit with President Joe Biden. May 22, 2023. (Ashley Murray/States Newsroom)

Biden and McCarthy strike positive tone after debt limit talks, but no deal yet

BY: and - May 22, 2023

WASHINGTON — President Joe Biden and Speaker Kevin McCarthy left their closely watched meeting Monday without an agreement on government spending or the debt limit, prolonging a stalemate that could soon disrupt Americans’ everyday lives as well as the global economy.  Both struck a positive tone Monday, though neither divulged details about what remains unresolved […]