Last week, Speaker Kevin McCarthy persuaded Republicans to narrowly pass a bill to raise the U.S. debt ceiling, setting up high-stakes negotiations with the Biden administration.
Catie Edmondson, who covers Congress for The New York Times, explains the risks this might pose to his job and the country’s economy.
Catie Edmondson, a congressional corresponden ... Show More
Yesterday
War in Iran Triggers Chaos in Global Oil Market
As Iran has tightened its chokehold on one of the world’s most vital shipping routes and the Trump administration sent mixed signals about how long the war would last, oil prices have swung wildly. Rebecca F. Elliott, who covers energy for The New York Times, explains just how mu ... Show More
29m 21s
May 2023
Playing chicken with the debt ceiling
<p><br></p><p><span style="background-color: transparent; color: rgb(0, 0, 0);">Congress and President Biden have five weeks to strike a deal on raising the debt ceiling, according to a new projection from the Treasury Department. Otherwise, the country will need to brace for an ... Show More
19m 29s