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Bessent calls on Congress to address the debt limit by mid-July.

Bessent urges Congress to act on debt limit by mid-July

Treasury Secretary Scott Bescent urged Congress on Friday to raise the national debt ceiling by mid-July, aiming to prevent the federal government from defaulting on its debts, which exceed $36 trillion. In a letter to Speaker Mike Johnson (R-LA), Bescent expressed concern that the government’s cash reserves and extraordinary measures might be depleted by August, […]

US Bitcoin ETFs raked in $1.1B this week, most since mid-July – Cointelegraph

The US-based Spot Bitcoin exchange-traded fund (ETF) has attracted more than $1.1 billion since September 23, its biggest inflow since July 15-19. According to That included $494.4 million on Sept. 27, the best performance since June 4, according to a report to far side investors. The Spot Bitcoin ETF received $366 million in inflows on […]

Democrats’ nomination of Biden in virtual roll call could come as early as mid-July

The Democratic National Committee is considering formally nominating Biden as the nominee for president as early as mid-July, two Democratic Party officials confirmed to Fox News. Biden’s potential nomination date is July 21, the same day the Democratic National Convention’s credentials committee meets virtually. As has been reported for several weeks, Democratic Party officials have […]