Breaking: Kevin McCarthy Firmly Believes Debt Ceiling Deal Will Be Reached

Crypto Market News: Top Republican leader Kevin McCarthy on Wednesday said he was optimistic about getting a deal despite the fact that there is a long way to go before reaching consensus to commit to a deal on raising the debt ceiling. He addressed the concerns around the status of deal talks amid market uncertainty before the June 1, 2023 deadline, during a press conference. Importantly, he said there could be progress made later today, in the context of a halt in deal talks since his Monday meeting with US President Joe Biden.