Congress

What happens if Congress fails to raise the debt ceiling?

Congress is barreling toward a mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are locked in a fierce stalemate with no clear plan to avert what would be the first-ever default in the U.S.

Manchin open to spending bill above $1.5T: 'I'm not ruling anything out'

Sen. Joe Manchin, D-W.Va., said Tuesday he is open to a social spending bill larger than $1.5 trillion, signaling the possibility that the moderate Democrat could soften his stance on the topline number following days of tense negotiations on President Biden’s signature piece of legislation.

Facebook fires back after whistleblower claims

Facebook Director of Policy Communications Lena Pietsch argued Haugen "worked for the company for less than two years, had no direct reports, never attended a decision-point meeting with C-level executives – and testified more than six times to not working on the subject matter in question."

What a US debt default would mean for the market

Strategic Wealth Partners President and CEO Mark Tepper, Belpointe Chief Strategist David Nelson and Clearstead Advisors Senior Managing Director Jim Awad on impact of US debt default, supply chain shortages and Vietnam's COVID recovery.