The Latest Breaking News from Kevin McCarthy

House adjourned for holiday weekend, but lawmakers could be recalled to vote on deal if agreement is reached

Political calculations and concerns about legislative precedent have brought the government to within a week of a potential debt default.

June S&P 500 futures (ESM23) are up +0.63%, and June Nasdaq 100 E-Mini futures (NQM23) are up +1.74% this morning after three major U.S. benchmark indices finished the regular session in the red as talks between the White House and Republican representatives on raising the U.S. debt ceiling ended without…

Biden is leaning on Young's experience negotiating on Capitol Hill to help him find a way to cut through the raw politics of Washington and find an agreement to lift the debt ceiling.

Stars including Mick Jagger, Elton John and Diana Ross pay tribute to the singer who has died at 83. Plus, how the invasion of Ukraine ‘has fuelled funding boom for clean energy’

Stephanie Bice is a busy woman. She sits on four committees — double the usual most House members get — represents the class of 2020 on the Republican leadership team, and is the vice chair of the Republican Main Street Caucus. Oh, and she’s chairing a subcommittee with a modest…

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House Republicans are pushing debt ceiling talks to the brink

President Joe Biden has made a deliberate decision to go quiet as his team gets down to the wire in the debt-limit talks, according to White House officials