WASHINGTON- Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday with no signs of prog.
May 23 (Reuters) - Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday with no signs of progress as the deadline to raise the government's $31.4 trillion borrowing limit or risk default ticked closer.
The two parties remain divided about how to rein in the federal deficit, with Democrats saying wealthy Americans and businesses should pay more taxes while Republicans want spending cuts
Expanding coverage for bank accounts used for business purposes has emerged as the US Federal Deposit Insurance Corporation's preferred route for balancing financial stability and depositor protection