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2 mentions found


☆ Biden didn't show up for an early evening meeting with the German chancellor because he had to go to bed: report
  + stars: | 2024-07-09 | by ( Hannah Abraham | ) www.businessinsider.com   time to read: +3 min
Read previewPresident Joe Biden canceled an early evening meeting with the German chancellor Olaf Scholz at the last minute because he had to go to bed, according to a report by The Wall Street Journal. According to the report, the chancellor and his aides were surprised by Biden's absence and Blinken's appearance. Related storiesThe Journal report said that the White House has consistently reduced Biden's daily schedule and shielded him from impromptu meetings. AdvertisementBoth CNN and The New York Times have reported that Biden told governors he needed to get more sleep and stop holding events after 8 p.m. The White House has not responded to these claims.
Persons: —, Joe Biden, Olaf Scholz, Antony Blinken, Biden, Axios, Donald Trump, ABC's George Stephanopolous, Abigail Disney, Walt Disney's grandniece Organizations: Service, Wall Street, Business, State Department, White, CNN, The New York Times, Democratic, Senate Foreign Relations, Trump, Alliance, Biden Locations: Germany, Ukraine, China, Russia, Washington
☆ Failure to raise U.S. debt ceiling would lead to 'economic and financial catastrophe,' Yellen says
  + stars: | 2023-02-06 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +1 min
The U.S. government risks "economic and financial catastrophe" if the House fails to pass a bill to raise the $31.4 trillion debt ceiling, Treasury Secretary Janet Yellen said Monday. The Treasury Department under Yellen has taken several temporary measures to help the government avoid default. "And every responsible member of Congress must agree to raise the debt ceiling." The Treasury Secretary said the House has always fulfilled its duty to raise the limit though it has sometimes "gone up to the wire." House Speaker Kevin McCarthy announced that he will deliver an address on the debt ceiling Monday at 5:30 p.m.
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