Mnuchin and Pelosi see stopgap funding bill in October

News

Products You May Like

Congress needs to pass a bill

One theory was that the October 1 government shutdown deadline would push both sides to the table for a grand bargain on stimulus but it looks like they’re going to set that aside and use a stopgap bill to keep the government open.

The White House was looking for a bill to last until mid-December but Democrats could want it to run until after inauguration.

Earlier today:

Sources familiar with the matter told CNN that Democratic leaders are
discussing proposing a continuing resolution that would expire in
mid-March. That would potentially allow a President Biden and Senate
Democrats to play a major role in the next round of government funding
shortly after taking office, assuming their party wins this fall.

Meanwhile, stimulus plans are seemingly going nowhere. A few more days like today in the stock market could certainly change the state-of-play.
For bank trade ideas, check out eFX Plus

Products You May Like

Articles You May Like

The Ultimate Beginners Guide To FOREX!
2 Step Supply & Demand Trading Strategy (That Actually Works)
The Trading Institute -india’s best financial school. #be_a_skilled_investor
Using ChatGPT to turn $100 into $10,000 Day Trading 📈 DAY 36

Leave a Reply

Your email address will not be published. Required fields are marked *