4:33 PM · 19 May 2023

BREAKING: Negotiators pause debt-ceiling talks

Debt-ceiling negotiations are at a "pause," said Republican Rep. Garret Graves of Louisiana, a key ally of House Speaker Kevin McCarthy, according to multiple reports. It wasn't immediately clear how long the pause would last. Graves also said the White House's team was being "unreasonable."

US500 is falling and US dollar is depreciating at the time of writing.

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