Debt limit in U.S. still unresolved

15:45 - 10.05.2023

May 10, Fineko/abc.az. The debt limit in the U.S. is still an important issue on the agenda.

ABC.AZ reports that the lack of progress in solving the problem has caused concern. So, a group of Wall Street representatives sent a letter to U.S. Treasury Secretary Janet Yellen, in which they expressed concern.

Although U.S. President Joe Biden met with representatives of Republicans in Congress, this meeting remained inconclusive.

Meeting with Republicans, including Chairman of the U.S. House of Representatives Kevin McCarthy, Biden said that the talks were productive, and hinted that the coming days would be very tense.

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