In a historic move, former President Donald Trump and Senator Elizabeth Warren have joined forces to propose abolishing the U.S. debt ceiling. This proposal aims to prevent potential […]
Trump & Warren Team Up: Proposal to Eliminate Debt Ceiling Sparks Market Uncertainty
Former President Trump joined forces with Senator Elizabeth Warren in a surprising move – proposing the elimination of the U.S. debt ceiling. This unprecedented agreement, announced on social […]
Trump and Warren Propose Eliminating U.S. Debt Ceiling, Aiming for $4 Trillion in Spending
Sens. Elizabeth Warren (D) and Donald Trump have agreed to remove the U.S. debt ceiling, proposing a significant increase in spending of up to $4 trillion. This move […]
U.S. Treasury Guarantees No Default on National Debt
The U.S. Treasury has issued a statement assuring markets that it will not default on its national debt despite ongoing talks to raise the debt ceiling. This assurance […]
U.S. Treasury Warns of Default Looming as Debt Ceiling Debate Intensifies
The U.S. government is facing a looming deadline as the debate surrounding the debt ceiling intensifies. The Treasury Department has issued a strong warning to Congress, urging swift […]
US Treasury Secretary Yellen: No Debt Default Guaranteed
U.S. Treasury Secretary Janet Yellen has assured the nation and global markets that a U.S. debt default is impossible, aiming to quell market anxieties surrounding the country’s fiscal […]
House Speaker Johnson Defends Debt Limit Bill Amid Republican Criticisms
House Speaker Mike Johnson defended the recently passed bill raising the debt ceiling, arguing it won’t lead to increased government spending despite criticisms from fellow Republicans. Speaking on […]
Global Liquidity Under Pressure: U.S., Japan Auctions Signal Tightening
A recent report from China International Capital Corporation (CICC) paints a concerning picture of global liquidity as simultaneous bond auctions by the U.S. and Japan cool down, accompanied […]
U.S. Tax Bill Passes with Debt Concerns, Heading to Senate for Further Action
A tax bill signed into law by President Trump narrowly passed the House of Representatives with a vote of 215-214, with one abstention. This legislation aims to prevent […]
Liquidity Surge in Financial Markets: Analyzing its Impact
Recent data reveals a significant influx of liquidity into financial markets, driven by the depletion of U.S. Treasury General Account (TGA) funds. As the debt ceiling issue hampers […]
US Debt Ceiling Approaches Critical Point, Treasury Secretary Warns
Treasury Secretary Scott Bessent has issued a warning that the United States is nearing its debt limit, adding urgency to the crucial fiscal matter. While he acknowledged receipt […]
U.S. Treasury Raises Borrowing Estimate Amid Debt Ceiling Crisis
The U.S. Treasury has revised its borrowing estimate for the second quarter upwards, increasing by $391 billion compared to projections from February. This adjustment is due to Congress’s […]
U.S. House Passes Trump’s Tax Cut and Debt Ceiling Plan
The U.S. House of Representatives has taken a major step forward in implementing President Donald Trump’s economic agenda by advancing his plan to cut taxes and raise the […]
US Tax Shortfall Raises Concerns About Debt Ceiling Default
The United States is facing a concerning tax revenue shortfall, with refund payments exceeding initial projections and contributing to earlier than anticipated government cash flow issues. This potential […]