Morning Must Reads: December 18

In the News: Fed officials meeting in Washington, Ukraine Prime Minister reaches deal with Russia, and the next Washington fight

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Mark Wilson / Getty Images

The early morning sun rises behind the US Capitol Building in Washington, DC.

  • Tech Executives to Obama: NSA Spying Revelations Are Hurting Our Business [Washington Post]
  • Fed Said to Delay Bank Leverage Cap Until Basel Completed [Bloomberg]
  • “Fed officials meeting in Washington on Wednesday face another consequential decision: a close call on whether to start winding down their $85 billion-a-month bond-buying program.At the root of the issue is a long-running debate between Mr. Bernanke and other Fed officials about how much more a central bank can or should do to try to spur an economy that hasn’t been wholly responsive to its efforts.” [Wall Street Journal]
  • Budget Deal Offers a Reprieve From Washington Paralysis [NYT]
  • “The federal government is set to exhaust its borrowing authority on Feb. 7, though the Treasury Department can use accounting gimmicks to stretch its funds a little further. Without a deal to lift the debt ceiling, the U.S. would eventually run the risk of default. Economists and leaders of both parties believe a debt-limit breach would be far more damaging to the U.S. economy than the partial government shutdown that stunted economic growth this fall.” [TIME]
  • Jerry Brown Urged to Run for President, Won’t Rule Out 2016 Bid [LA Times]
  • “The Senate Intelligence Committee has asked the C.I.A. for an internal study done by the agency that lawmakers believe is broadly critical of the C.I.A.’s detention and interrogation program but was withheld from congressional oversight committees.” [New York Times]
  • Obama, Biden, Top U.S. Officials to Stay Away from Sochi Olympics [BuzzFeed]
  • Obamacare Bars Illegal Immigrants—and Sticks Hospitals with the Bill [Atlantic]
  • Congressman Horse Trades for Humane Society [Politico]
  • Surprise Spying Decision Caps the Year of Snowden [Bloomberg]
  • Ukraine PM Hails ‘Historic Deal with Russia [Al Jazeera]