Default
-
World
U.S. Expected to Begin Blocking Russian Bond Payments to Americans
The Biden administration is expected to begin blocking Russia from paying American bondholders next week, increasing the likelihood of the first ...
Read More » -
Politics
Biden Calls Curbing Filibuster to Raise Debt Limit ‘a Real Possibility’
WASHINGTON — President Biden said on Tuesday that Democrats are considering a change to Senate filibuster rules to bypass a Republican blockade ...
Read More » -
Business
Biden accuses Republicans of being ‘reckless’ over the debt limit increase.
WASHINGTON — President Biden excoriated Republicans on Monday for blocking his party’s efforts to raise the debt ceiling weeks before a projected ...
Read More » -
Business
What a U.S. Debt Default Would Look Like
Treasury Secretary Janet Yellen told Congress that the debt limit must be raised by Oct. 18.Credit...Stefani Reynolds for The New York ...
Read More » -
Politics
How the Debt Ceiling Came to Be a Political Cudgel
Sign up here to get On Politics in your inbox every Tuesday and Thursday. Over the weekend, Germany conducted a hard and close-fought election ...
Read More » -
Business
America’s Need to Pay Its Bills Has Spawned a Political Game
WASHINGTON — For nearly two decades, lawmakers in Washington have waged an escalating display of brinkmanship over the federal government’s ...
Read More » -
Business
As Debt Default Looms, Yellen Faces Her Biggest Test Yet
WASHINGTON — When Janet L. Yellen was Federal Reserve chair in 2014, she faced a grilling from Republicans about whether the federal government ...
Read More »