Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) BOE's Bailey tells Bloomberg he believes the bank is close to a pause.

(2) JP Morgan CEO, Jamie Dimon says lenders should expect more regulation.

(3) Biden and McCarthy delay meeting as aides negotiate over the debt ceiling.

(4) Elon Musk to step down as the CEO of Twitter to become CTO and Executive Chair.