Articles for tag: bipartisan cooperation, congressional leaders, debt ceiling, Donald Trump, economic stability, executive orders, government operations

January 22, 2025

Trump Faces Unsolvable Challenge: Tackling the Debt Ceiling Crisis Alone

On his first day in office, Donald Trump swiftly signed a series of executive orders, but the second day brings a more complex challenge: the debt ceiling. Trump is not pleased that this issue is on the table and is scheduled to meet with congressional leaders to discuss strategies for managing the $36 trillion debt. ...

January 17, 2025

Market News

Crypto

Scott Bessent’s Senate Confirmation: What Trump’s Treasury Pick Means for America’s Economic Future

Scott Bessent, nominated for Treasury Secretary, expressed openness to eliminating the debt ceiling, a view shared by Donald Trump and some lawmakers. He emphasized that this change wouldn’t authorize new government spending. Bessent also argued against a U.S. central bank digital currency, stating the need for such a currency arises in countries lacking investment options. ...