Treasury’s Yellen says US could default as soon as June 1
WASHINGTON (AP) — Treasury Secretary Janet Yellen has notified Congress that the U.S. could default on its debt as early as June 1, if legislators do not raise or suspend the nation’s borrowing authority before then and avert what could potentially become a global financial crisis. In a letter Monday to House and Senate leaders, Yellen urged congressional leaders “to protect the full faith and credit of the United States by acting as soon as possible” to address the $31.4 trillion limit on its legal borrowing authority. She added that it is impossible to predict with certainty the exact date of when the U.S. will run out of cash.
Can Biden win again? Here’s how past incumbents fared
WASHINGTON (AP) — No president wants to give up the power and prestige that comes with the office after only one term, and Joe Biden is no exception. He’s pushing forward even though polls show a majority of Americans don’t want to see him run again. Most incumbents are able to win reelection, even if their chances might occasionally appear dire along the way. Looking back at recent decades, one theme that emerges is primary battles matter in determining whether a president will win reelection. That’s good news for Biden, who appears to have avoided any significant challengers.
Palestinian prisoner dies in Israel after long hunger strike
JERUSALEM (AP) — Israel’s prison service says a Palestinian prisoner has died after a hunger strike