The United States has entered a partial shutdown, the funding deadline has passed, and some federal agencies have suspended their activities until Congress approves the package. The U.S. House of Representatives is expected to vote on the package that the Senate has already approved on Monday.
This contributed to easing pressure on the Senate, but did not prevent the deadlock over the weekend: the bill was passed with a majority of 71 votes to 29, with a short two-week extension for funding the Department of Homeland Security, to resume negotiations on amendments to immigration and customs enforcement operations.
Even a partial shutdown increases political tension, disrupts the ability to forecast financial data and decisions, and typically heightens the sensitivity of interest rates, the dollar, and risky assets at the start of the week.
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BasheerAlgundubi
· 6h ago
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Monday's vote will be crucial in the developments of the U.S. government, whether to end the shutdown or continue it.
The United States has entered a partial shutdown, the funding deadline has passed, and some federal agencies have suspended their activities until Congress approves the package. The U.S. House of Representatives is expected to vote on the package that the Senate has already approved on Monday.
This contributed to easing pressure on the Senate, but did not prevent the deadlock over the weekend: the bill was passed with a majority of 71 votes to 29, with a short two-week extension for funding the Department of Homeland Security, to resume negotiations on amendments to immigration and customs enforcement operations.
Even a partial shutdown increases political tension, disrupts the ability to forecast financial data and decisions, and typically heightens the sensitivity of interest rates, the dollar, and risky assets at the start of the week.
Monday’s vote will be decisive in the developments of the U.S. government, whether to end the shutdown or to continue it.
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