Politics
US Congress Fails to Address $40T Debt Crisis
Lawmakers from both parties are expressing concern over the nation’s growing $40 trillion debt, with Republicans and Democrats alike lamenting Congress's inability to take meaningful action on this pressing issue.
Coverage timeline — 2 articles
The Hill
Lawmakers are sounding the alarm over the nation’s $40 trillion debt, lamenting Congress’s inability to meaningfully confront a problem that has grown increasingly difficult to ignore. Both parties have spent years trying to tackle the rising debt. Republicans have frequently pointed to federal spen
2026-08-20 20:07 UTC
The Hill
The head of the Commodity Futures Trading Commission (CFTC) vowed Thursday to “move swiftly” on establishing rules for the cryptocurrency market if Congress fails to pass legislation this year. CFTC Chair Michael Selig said at a meeting with crypto and prediction market executives that the agency st
2026-08-20 20:09 UTC