Washington Watch: Debt-ceiling standoff: Here’s what’s next, as U.S. faces potential default on June 1

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A divided Washington is making a little progress toward raising the debt ceiling and avoiding a U.S. default, but the endgame still isn’t clear.

Here’s what looks likely to come next, as a White House meeting among key players is planned for May 9 — and June 1 looms as a possible deadline.

Biden aims for May 9 talks after Yellen’s warning

The…

This article was originally published by Marketwatch.com. Read the original article here.

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