The White House is saying:

  • If both sides negotiate in good faith and recognize they won’t get everything they want, a deal is this still possible
  • Democratic votes will be needed to pass any deal

Meanwhile from the GOP’s McConnell:

  • Biden waited months for negotiating spending deal, it is past time for him to get serious
  • Time is of essence

HMMMM.

Did we really think that a deal would go smoothly and without Biden on US terra firma?

Meanwhile Treasury Sec. Yellen did say more bank mergers may be needed.

Source: https://www.forexlive.com/news/white-house-both-sides-need-to-recognize-they-will-get-everything-they-want-in-a-deal-20230519/