Bonds & Dollar Dump; Crypto Jumps As Debt-Ceiling Doubts Build

bonds dollar dump crypto jumps as debt ceiling doubts build

Sumary of Bonds & Dollar Dump; Crypto Jumps As Debt-Ceiling Doubts Build:

  • After a Republican Senate caucus meeting Tuesday, Senate Minority Leader Mitch McConnell told reporters “let me be crystal clear about this: Republicans are united in opposition to raising the debt ceiling.
  • McConnell went on to say that “[the Democrats] have the ability and the responsibility to ensure that the federal government not default”.
  • The implication is that, unless the Democrats table the spending bill, Republicans will refuse to raise the debt ceiling.

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