President Joe Biden will meet Wednesday with business and banking leaders in a bid to form a strategy to raise the U.S. debt ceiling before the government begins to default on obligations.
Oct.6 (UPI) — President Joe Biden will meet on Wednesday with leaders from some of the nation’s largest banks and businesses in a bid to form a strategy to raise the U.S. debt ceiling before the government begins to default on some of its debt obligations this month. The meeting, which will include a mix of virtual and in-person attendees, was scheduled to begin at 1 p.m. EDT. Among the attendees are JPMorgan Chase CEO Jamie Dimon, Intel CEO Pat Gelsinger, Nasdaq CEO Adena Friedman, AARP CEO Jo Ann Jenkins and Citi CEO Jane Fraser.
