The Latest Breaking News from Kevin McCarthy

WASHINGTON — House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to avert a potentially catastrophic default didn’t mollify analysts as the U.S. was put on a ratings watch late Wednesday.

George Santos, the embattled Republican congressman charged by the U.S. with fraud and money laundering, has secured three mystery guarantors for his $500,000 bond.

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.

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

The House GOP caucus "auctioned off" lip balm used by the House speaker amid debt ceiling negotiations

Watch as Kevin McCarthy holds a news briefing in the Capitol to speak on the US debt crisis.

Debt limit talks in Washington have hit a fresh impasse with negotiators far apart on key issues, especially the spending cuts demanded by Republicans, as time runs short to avert a historic US default.

Rep. Stephanie Bice is one of the busiest lawmakers in Congress, whose current mission is a paid family leave bill.

June S&P 500 futures (ESM23) are trending down -0.33% this morning after three major U.S. benchmark indices finished the regular session solidly lower as worries about a potential U.S. default hurt risk sentiment, while market participants also waited for minutes from the Federal Reserve’s last meeting.