Optimistic We're Making Progress: Rep. Steil on Debt Limit Talks

The transcript covers the ongoing negotiations between Speaker McCarthy and President Biden, focusing on work requirements for benefits, revenue and deficit reduction, and the political risks for McCarthy. It also discusses the stability of midsize banks and the role of regulation in the financial sector.

What is the significance of the Republican caucus's unity behind Speaker McCarthy in the context of the debt ceiling negotiations?

What are the implications of the Treasury Secretary's warning regarding the debt ceiling negotiations?

What role does the Congress have in addressing the issues faced by midsize banks as discussed in the text?