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Biden says he won’t agree to debt deal that protects crypto traders
US President Joe Biden has called on the Republican lawmakers to drop the extreme position they currently hold in order to help the country reach a deal in the ongoing debt ceiling talks. He also had something to say about cryptocurrency. The latest in economic news comes as the US Treasury Department warned the US risks a default as early as 1 June should Congress fail to agree to a debt limit raise. In his speech from Hiroshima, Japan, where he attended the G7 Summit, Biden pointed to the need for a compromise that would see the proposals passed in a Congress that’s finely poised on partisan divisions. The US ... (full story)
