Oversight

Biden and McCarthy Strike Positive Tone After Debt Limit Talks, But No Deal Yet

"We don’t have an agreement yet, but I did feel the discussion was productive in areas that we have differences of opinion,” McCarthy said Monday.

Workforce

A Default on the U.S. Debt Would Be Far Worse Than a Government Shutdown. Here’s How

National security, transportation, Social Security, Medicare and Medicaid would be impacted.

Oversight

Biden Vows Debt Ceiling Talks Will Continue while He’s Overseas at G7 Summit

Treasury Secretary Yellen repeatedly warned Congress accounting maneuvers will be exhausted within weeks, U.S. could default on its bills as early as June 1.

Oversight

U.S. Default Could Begin June 8 without Agreement, Top Economist Tells Congress

Congress has eight working days with both chambers in session before Memorial Day, and negotiations appear non-existent.

Oversight

Members Of Senate Panel Press Financial Regulators On Massive Bank Failures

Members of the Senate Committee on Banking, Housing and Urban Affairs asked if the Federal Reserve could have done more to prevent the collapse.

Defense

Pentagon To Halt Use Of Firefighting Foam That Contains PFAS As Cleanup Costs Mount

The Department of Defense will stop purchasing PFAS-containing firefighting foam later this year and phase it out entirely in 2024.