14 March | Dollar

Trump and Senate Republicans haven't settled on solution to US debt ceiling problem

Trump and Senate Republicans haven't settled on solution to US debt ceiling problem

US President Donald Trump and representatives of the Republican Party in the Senate are still working to find a solution to the problem of the US national debt approaching the legally mandated limit. 

On Thursday, several senators, including Majority Leader John Thune and Finance Committee Chairman Mike Crapo, debated the advisability of raising the national debt ceiling as part of this year's fiscal and budget measures. Most analysts cited by Bloomberg believe that the United States is on track to default on its payment obligations sometime this summer if the ceiling remains unchanged. However, no decision has been made, Thune said.

The House of Representatives has decided to raise the debt ceiling as part of its tax proposal using a mechanism that would require support only from Republicans. But Thune expressed his desire to address the national debt ceiling as a separate issue and with the official support of Democrats.

Elena Berseneva MarketCheese
Gold buy
Period: 15.12.2025 Expectation: 16000 pips
Gold needs to cool off ahead of its next leg up
Yesterday at 10:26 AM 67
Period: 19.12.2025 Expectation: 1000 pips
Silver poised to consolidate above $59 following correction
Yesterday at 09:52 AM 30
Period: 15.12.2025 Expectation: 1900 pips
S&P 500 rally faces key test before Fed meeting
Yesterday at 06:27 AM 33
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
05 December 2025 58
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
05 December 2025 60
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
05 December 2025 37
Go to forecasts