government shutdown

Sen. Chuck Schumer (N.Y.), the Senate Democratic Leader, expressed concerns about a potential government shutdown on Thursday. He warned that such an event could empower Donald Trump significantly. What Happened: Schumer’s remarks come amid heightened tensions in Congress over federal...

Congressional leaders intensified rhetoric on Wednesday over the impending government shutdown, with just two days remaining before federal funding expires at midnight on Friday. What Happened: Senate Majority Leader Chuck Schumer (D-N.Y.) declared that Democrats are unified behind a “clean...

On Wednesday, Rep. Alexandria Ocasio-Cortez (D-N.Y.) responded to House Speaker Mike Johnson (R-La.) addressing the ongoing government shutdown debate. What Happened: Johnson claimed that the Democrats were responsible for the looming government shutdown. Ocasio-Cortez countered by emphasizing...

The House passed a government funding bill on Tuesday to prevent a shutdown through Sept. 30. The measure now moves to the Senate, where Democrats either support it and give Trump latitude to cut federal programs or oppose it and risk blame for a shutdown, reported the New York Times. The bill...

Greg Valliere, the Chief U.S. Policy Strategist for AGF Investments shared his insights on President Donald Trump‘s tariff strategy and its potential repercussions on the market. What Happened: On Tuesday, Valliere weighed in on Trump’s recent tariff implementation and its potential...

Senior Republicans are reportedly exploring the idea of including cuts made by Elon Musk’s Department of Government Efficiency (DOGE) in an upcoming government funding bill, dramatically increasing the potential for a government shutdown. This strategy, which is still under discussion, could...

Elon Musk's role in the political dynamics of President-elect Donald Trump's team took center stage during this week's government shutdown drama as the billionaire's often scathing criticism of a bipartisan spending bill unleashed a wave of chaos on Capitol Hill. Musk's social media posts, which by...

Wall Street is watching for developments in Washington, D.C. Friday after Thursday's failed attempt to avert a government shutdown. Some stocks remain wobbly as the day wears on and a midnight deadline approaches. What Happened: The House turned down a contingency plan proposed by Speaker Mike...

Billionaire Elon Musk wears many hats as the leader of companies like Tesla Inc (NASDAQ:TSLA), SpaceX, The Boring Company, Neuralink and X. Could the title of Speaker of the House get added on top of his Department of Government Efficiency role soon? What Happened: The influence Musk has on...

In a significant development, U.S. Congressional leaders have reached a consensus on a bipartisan deal to extend government funding, thereby averting the looming December 20 shutdown deadline. The legislation, revealed on Tuesday, extends the funding deadline to March 14, 2025. This move allows the...

House Speaker Mike Johnson (R-La.) has said that the House will not pass a substantial bill to fund the government in December. What Happened: Johnson made this revelation during a press conference on Tuesday, echoing a message he had previously shared privately in a House GOP conference meeting,...

Senate Majority Leader Chuck Schumer (D-N.Y.) has criticized former President Donald Trump for spending a month encouraging the House GOP to shut down the government. What Happened: On Monday, Schumer took to X to express his views on the ongoing negotiations for a stopgap funding deal. He...

House GOP leaders have put forth a three-month plan to keep the government funded, in the wake of Speaker Mike Johnson’s (R-La.) initial plan failing due to Republican opposition. What Happened: The continuing resolution (CR) was a product of bipartisan negotiations in the House and Senate....

Ahead of a looming government shutdown, the House of Representatives is set to vote on Wednesday on a Republican-backed bill aimed at keeping the government funded. What Happened: The House of Representatives will vote on Wednesday on a proposal by Speaker Mike Johnson (R-La.) to fund the...

Senate Majority Leader, Chuck Schumer (D-N.Y.), warned of potential blame for a government shutdown in a recent social media post. What Happened: On Monday, Schumer took to X to express his views on the ongoing negotiations for a stopgap funding deal. He cautioned that if a government shutdown...