The White House has assembled a team for debt ceiling negotiations, consisting of top aides and representatives from the National Economic Council and the Office of Management and Budget.
This move comes in response to Speaker McCarthy’s request for prominent figures in the negotiations.
The team, including the Director of OMB and counselors to the President, along with Louisa Terrel, in charge of congressional affairs, has been actively working towards reaching an agreement.
In light of the debt ceiling issue taking precedence, President Biden has canceled the second leg of his trip following the G7 Summit in Japan.
Although he will still attend the G7 Summit and the scheduled Quad meeting, his visit to Papua New Guinea, aimed at strengthening U.S.
support in the region amidst rising tensions with China, has been rescheduled.
The decision not to go on this historic trip could potentially have political implications.
However, the White House clarified that the visit has only been rescheduled, not canceled.
In other news, President Biden presented the Medal of Valor to nine individuals, primarily law enforcement officers, who displayed exceptional bravery and selflessness in saving lives.
The ceremony was attended by dignitaries, including the Attorney General, and was a moment of celebration to recognize the service and sacrifices of these individuals.