US President Joe Biden meets with US Speaker of the House Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell in the Oval Office of the White House in Washington, DC, on May 9, 2023.
Brendan Smialowski | AFP | Getty Images
The debt ceiling meeting slated for Friday between President Joe Biden and top congressional leaders has been postponed until next week, a source told CNBC.
Biden was set to sit down with House Speaker Kevin McCarthy, R-Calif., Senate Minority Leader Mitch McConnell, R-Ky., Senate Majority Leader Chuck Schumer, D-NY, and House Minority Leader Hakeem Jeffries, D-NY, on Friday.
A source familiar with the meetings told NBC News, “This is a positive development. Meetings are progressing. Staff is continuing to meet and it wasn’t the right moment to bring it back to principals.”
–CNBC’s Kayla Tausche contributed to this report.
This is breaking news. Please check back for updates.
This story originally appeared on CNBC
