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Washington Today (5-16-23): Speaker McCarthy says debt ceiling deal possible by end of the week

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May 16, 2023

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President Joe Biden meets again with the bipartisan leadership of the House and Senate on raising the federal debt ceiling to avoid a default, …. with House Republicans still looking for spending cuts to be added, and the White House and Congressional Democrats pushing for a clean, stand-along debt ceiling increase.

House Speaker Kevin McCarthy (R-Calif.) telling reporters putting in place work requirements for public aid programs like Medicaid or food stamps must be included

Former executives of the Silicon Valley Bank and Signature Bank tell the Senate Banking Committee that the collapse of their banks caught them by surprise, but Senators of both parties are not buying it, accusing them of being greedy, or in one case, making a stupid mistake not to hedge against foreseeable trouble.

Senate votes to overturn a Washington, DC policing reform law, joining House, but President Biden says he will veto it.

Suspect in yesterday's baseball bat attack at the Fairfax, Virginia district office of Congressman Gerald Connolly that injured two of his staffers appears in court, and the charges include a hate crime.

CEO of OpenAI, maker of the artificial intelligence chatbot ChatGPT, tells a Senate Judiciary Subcommittee he welcomes government regulation of this new, powerful and potentially risky technology. We will hear some of today's hearing and talk about it with Washington Post Technology Policy reporter Cat Zakrzewski (36).

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Guests & Subjects Covered

Washington Today (5-16-23)President Joe BidenHouse RepublicansWhite HouseCongressional DemocratsSilicon Valley BankSignature BankSenate Banking Committee

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Washington Today (5-16-23): Speaker McCarthy says debt ceiling deal possible by end of the week · C-SPAN · Sentinel