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The Latest Breaking News from the White House

Markets Today: Stocks Decline as U.S. Debt Limit Talks Stall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.43%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.51%. U.S. stock index futures this morning are moderately lower as U.S. debt ceiling talks stall. Republican negotiators said the White House is showing little urgency...

Barchart

Debt ceiling talks aren't going well. Here's where they stand

House Republicans insist there's a gulf between them and the White House on key areas on how to resolve the looming debt ceiling deadline.

WEKU

College student who tracked Elon Musk’s private jet is now following Ron DeSantis

‘Well, you know Ron DeSantis is becoming more and more of a public figure in that he might run for the White House’

The Independent UK

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Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist

Debt ceiling negotiations are locked on a classic problem that has vexed Washington before: Republicans led by House Speaker Kevin McCarthy want to roll back federal government spending, while President Joe Biden and other Democrats do not

The Independent UK

Biden receives numerous requests from Indian-Americans to attend state dinner planned for PM Modi

White House Press Secretary Karine jean-Pierre told reporters that the U.S. president Joe Biden and the first lady looking forward to welcoming Prime Minister Modi for the official state visit on June 22.

The Hindu

Congress votes to rescind Biden administration emissions rules for heavy-duty trucks

WASHINGTON — The U.S. House voted 221-203 Tuesday, mostly along party lines, to overturn an Environmental Protection Agency rule to reduce smog- and soot-forming emissions from heavy trucks.

Tribune News Service

Former Arkansas Gov. Asa Hutchinson pushes optimistic White House bid, not a candidate that ‘creates chaos’

COLUMBIA, S.C. — Former Arkansas Gov. Asa Hutchinson wants to bring an optimistic tone as he makes his bid for the White House.

Tribune News Service

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Another day, another pause in debt ceiling negotiations - Roll Call

Debt limit talks broke down again Tuesday as negotiators described disagreements over spending levels and other policy add-ons.

Roll Call

White House unveils new efforts to guide federal research of AI

The White House has announced new efforts to guide federally backed research on artificial intelligence

The Independent UK

‘Greedflation’ takes a turn: Republicans’ hatred of Joe Biden’s economy makes them easy prey for ‘profit-led inflation episodes,’ UBS chief economist says

Look closely at the Michigan consumer sentiment data, Paul Donovan says: “The detail is hilarious…The two groups appear to be living on different planets.” It was flipped under Trump.

Fortune

Debt ceiling talks grind on, but Republicans say there's a 'lack of urgency' from White House

Debt ceiling negotiators for President Joe Biden and House Speaker Kevin McCarthy are holed up again at the Capitol

The Independent UK

US surgeon general issues advisory on ‘profound’ risks of child social media use

Dr Vivek Murthy calls on tech companies and policymakers to take ‘immediate action’ to protect children’s mental health

The Guardian - US

Expert: DOJ worried Don "monetized" docs

"There is a whole other set of potential criminal charges,” says Neal Katyal

Salon

White House plan to combat antisemitism needs to take on centuries of hatred, discrimination and even lynching in America

As reported antisemitic incidents in the U.S. in 2022 soared to an all-time high, the White House began developing plans to combat this hate, proclaiming in an official statement, “antisemitism has no place in America.”

The Conversation

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The Independent UK

Trump Organization ordered to hand over foreign real estate deal records as part of classified documents probe

Special Counsel Jack Smith’s office subpoenaed the business empire for documents on real estate licensing and development dealings made in seven countries since Trump was sworn into office in 2017

The Independent UK

Asian stocks fall after more US debt talks fail to break impasse

Asian stock markets are lower after more negotiations in Washington on government debt failed to yield a deal to avoid a potentially jarring default

The Independent UK

College student who tracked Elon Musk’s private jet is now following Ron DeSantis

‘Well, you know Ron DeSantis is becoming more and more of a public figure in that he might run for the White House’

WhatToWatch

Fact vs Fiction: White House Plumbers episode 4 — did Dorothy Hunt die in a plane crash?

We break down White House Plumbers episode 4, "The Writer's Wife." What's fact and what is fiction?

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Chicago Sun-Times

Debt ceiling explained: Why it’s a struggle in Washington and how the impasse could end

House Speaker Kevin McCarthy says his team and the White House have had ‘productive’ discussions to avert a default on U.S. debt days before the June 1 deadline.

Al Jazeera

Biden and McCarthy resume talks as US debt ceiling deadline looms

Their meeting comes as US Treasury Secretary Janet Yellen issues third letter in three weeks, warning of a June default.

Tribune News Service

NY Gov. Hochul joins Mayor Adams in begging Biden to expedite migrant work permits amid calls for NYC to get more state help

NEW YORK — Gov. Kathy Hochul, who has faced criticism lately for not doing enough to help tackle New York City’s migrant crisis, joined Mayor Eric Adams on Monday in begging President Joe Biden to use executive authority to expedite work papers for asylum seekers.

The Independent UK

A timeline of Donald Trump’s rivalry with Ron DeSantis

Florida governor refuses to rise to ex-president’s jibes and attempts to take credit for his political ascent

Fortune

Biden takes swipe at ‘wealthy tax cheats and crypto traders’ on final day of G7 summit

The U.S. president spoke in reference to ongoing debt-ceiling negotiations between Republicans and Democrats.

Tribune News Service

Biden, McCarthy will attempt to salvage debt limit deal

President Joe Biden and Speaker Kevin McCarthy plan to meet Monday afternoon to discuss how to raise the debt limit after a weekend of negotiations by proxies left each side accusing the other of throwing up new roadblocks to a deal.

Zenger

Oil Prices On The Brink Of Surging As Debt Default Looms

Debt ceiling talks between the White House and Congress as the stock market plunges and the oil prices increases.

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