Debt Ceiling Crisis Looms: Yellen Meets with Bank CEOs Amidst Warning of Disrupted Services and Possible Default.

Treasury Secretary Janet Yellen plans to meet with bank CEOs, including JPMorgan Chase CEO Jamie Dimon and Citigroup CEO Jane Fraser, on Thursday to discuss the debt ceiling and the banking crisis. The meeting is part of an annual meeting held by the Bank Policy Institute. Yellen has been warning about the economic stakes of not reaching a deal on the debt ceiling, and Dimon has warned that a default would be "potentially catastrophic." The meeting is also likely to include discussions about the government's response to the banking crisis.