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    REUTERS/JONATHAN ERNST
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    Slimmed-Down U.S. Debt Ceiling Deal Takes Shape: Sources

    U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are edging close to a deal on the U.S. debt ceiling, with the parties just $70 billion apart on discretionary spending, according to a person familiar with the talks.


     

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    CEOs and Wall Street Titans Warn About Debt Ceiling
    Recognize co-founder Charles Phillips joins Bloomberg's Scarlet Fu and Alex Barinka to discuss the impact of the debt ceiling impasse on the private markets and why he believes this time around seems more severe.
    May 25, 2023

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