Punchbowl News: “After several fruitless large-scale meetings between mid-level White House hands and Big Four staffers, President Joe Biden tapped two well-known and trusted aides to work with House Republicans on crafting a deal to raise the debt limit.”
“Steve Ricchetti, a top Biden aide, and OMB Director Shalanda Young will work with Speaker Kevin McCarthy’s staff and Rep. Garret Graves (R-La.) to strike a debt-limit deal. Louisa Terrell, the top White House legislative affairs hand, will continue to negotiate for Biden.”
“This decision to narrow the group of lead negotiators came after Biden huddled with the Big Four leaders in the Oval Office for the second time in a week. There was no breakthrough during that session, but both sides agreed to dramatically ramp up the pace of the negotiations.”