Biden addresses US debt limit standoff at G7 summit.

National Security Adviser Jake Sullivan said that President Biden has expressed confidence to world leaders at the G-7 summit that the US will avoid defaulting on its debt. Biden has warned that a default could be a concern internationally. Talks between White House officials and Republican negotiators resumed on Friday evening after a pause. The lead GOP negotiator said the group had a "candid discussion" after a roughly hour and a half meeting. Earlier this month, Director of National Intelligence Avril Haines said Beijing and Moscow would use a potential default for propaganda purposes.