Kevin McCarthy

Debt ceiling agreement gets thumbs up from business groups

The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy.

Even before seeing those details, some lawmakers were criticizing the deal as not doing enough to tackle the nation's debt, while others worried it's too austere and will harm many low-income Americans.

Kevin McCarthy from the Republican Party was Finally Elected as US House Speaker after 15 Rounds of Voting

Kevin McCarthy has emerged as the 55th Speaker of the US House of Representatives on Saturday after winning a historic battle that quelled a rebellion in the midnight hour on Saturday, The Hill reported.

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