Larry Summers says the Fed has inflation on the ropes, calls out crypto frauds, and bemoans the debt-ceiling fiasco. Here are the ex-Treasury chief's 12 best quotes from a new interview.

Tech Insider : Crypto
Larry Summers
Larry Summers.

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Republicans want to ban banning gas ovens as part of their legislation to raise the debt ceiling

Tech Insider : Economy, Politics
Kevin McCarthy and a gas stove
Kevin McCarthy wants to save the gas stoves.

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House Republicans want to ban student-loan forgiveness and immediately end the payment pause in their new debt ceiling bill

Tech Insider : Economy, Politics
House Speaker Kevin McCarthy (R-CA) Speaks On The Debt Ceiling At The Capitol
U.S. House Speaker Kevin McCarthy.

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The Treasury market is starting to price in the possibility of a US debt default in July

Tech Insider
US Treasury Building

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House Republicans unveil their plan to raise the debt ceiling for just one year — and it already faces hurdles from its own party

Tech Insider : Economy, Politics
Speaker of the House Kevin McCarthy
Speaker of the House Kevin McCarthy.

Alex Wong/Getty Images

Debt ceiling drama is back and it's coming for markets. Here's what to know as a deadline looms.

Tech Insider : Politics

Good morning, market watchers. I'm senior editor, Max Adams, standing in for Phil Rosen today. 

The US could hit the debt ceiling deadline in June, sooner than expected amid weak tax collections, Goldman Sachs says

Tech Insider : Economy
Biden and Kevin McCarthy
US President Joe Biden and House Speaker Kevin McCarthy depart the US Capitol on Saint Patrick's Day.

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The bond market just sounded the alarm on US default risks, and a 'cataclysmic' debt ceiling crisis could hit next month

Tech Insider
Kevin McCarthy
Speaker of the House Kevin McCarthy.

Drew Angerer/Getty Images

Kevin McCarthy says America needs to get back to work. Good news: It has.

Tech Insider : Economy, Politics
House Speaker McCarthy Delivers Speech On The Economy At NY Stock Exchange
Speaker of the House Kevin McCarthy (R-CA) delivers a speech about the economy at the New York Stock Exchange (NYSE) on April 17, 2023 in New York City.

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Kevin McCarthy says 'it's time for Americans to get back to work' and has a plan in place to overhaul welfare benefits in a debt ceiling deal

Tech Insider : Economy, Politics
Kevin McCarthy
House Speaker Kevin McCarthy of California is pictured at the Capitol on January 7, 2023.

AP Photo/Jose Luis Magana

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