The Latest Breaking News from Patrick McHenry

House Speaker Kevin McCarthy said debt-limit discussions Monday morning with White House negotiators were productive ahead of a planned meeting later in the day with President Joe Biden.

Negotiators in the US capital say they are not sure when new meetings will take place as the country nears a debt ceiling deadline.

U.S. debt limit negotiators aren’t planning to meet on Saturday, according to people with knowledge of the matter, as the White House accused Republicans of being unwilling to negotiate.

WASHINGTON — Negotiators resumed talks Friday night to avert a catastrophic U.S. default hours after a Republican walk-out punctured optimism that a debt-limit deal was near and drove down stocks.

House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic U.S. debt default.

Housing advocates are raising the alarm about House Republicans’ plan to dramatically cut the federal deficit to raise the debt ceiling

The government could run out of money to pay its bills as soon as June 1. President Biden said talks were "productive" though Speaker Kevin McCarthy said "I didn't see any new movement."

The implosion of Terra Luna and its stablecoin UST caused massive financial losses for lending protocols and led to increased regulatory scrutiny and political opposition, but there are advocates in Congress pushing for digital assets and consumer choice, and recent stabilization in the crypto industry suggests a new uptrend for…

A bipartisan hearing devolved into uncertainty over regulation for the volatile sector.

Financial institutions have been locked out of the cannabis industry because of a surveillance regime that appears to have done little to stop real criminals.

The chair of the House Financial Services Committee and the chair of the SEC still do not agree on Ether—or how that lack of agreement affects markets.