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)