US President has accused the Democrats of ‘extortion’
Fully restarting the federal bureaucracy after the longest US government shutdown in history could still take days
Congress is set to end the 43-day US government shutdown, restoring pay for furloughed federal workers and resuming agency operations, while Democrats face backlash over perceived compromise and political fallout.
Republicans currently hold a narrow 219-213 majority in the House
Private jet travel booms as the US shutdown triggers flight cuts and delays for commercial passengers.
The White House has also pledged to reverse the firings of federal employees and provide back pay for the hundreds of thousands affected during the shutdown that began on October 1.
US government shutdown: The proposed deal does not guarantee the extension of ACA subsidies, a key Democratic demand since the shutdown began.
Republicans say they will only negotiate over an extension to the Affordable Care Act subsidies once Democrats vote to re-open the government
The shutdown, the longest in US history, has forced 13,000 air traffic controllers and 50,000 Transportation Security Administration agents to work without pay
For 34 days, a standoff between Congress and President Donald Trump has shuttered a range of federal programs including those that provide aid for low-income Americans, US soldiers' paychecks and airport operations.
Questions about whether military members would receive their paychecks on October 15 have grown as the shutdown passed the two-week mark
Thousands face separation notices as US Treasury’s CDFI Fund, Education and EPA programmes land on the front line.
The US enters its second week of a government shutdown as Democrats and Donald Trump’s Republicans remain entrenched. Analysts warn the impasse could last weeks, with little compromise in sight.
A range of US government services has been halted as the government shutdown enters its first few days, with hundreds of thousands of federal employees without wages and thousands more conducting business unpaid.
The U.S. faces a shutdown after Senate funding talks collapsed, with President Trump warning of mass federal layoffs. Around 150,000 staff already exiting, raising fears of long-term workforce losses and service disruption.
The US government entered a shutdown after Congress failed to agree on funding, furloughing around 750,000 federal employees, suspending certain services, and creating economic uncertainty while essential operations continue at reduced capacity.
The US government entered a shutdown after Congress failed to approve a funding deal. Hundreds of thousands of federal workers are affected, with Trump blaming Democrats and threatening program cuts.
Investors feared that the uncertainty around a US government shutdown may also delay the release of economic data seen as crucial in determining the rate cut trajectory by the Federal Reserve.
This fourth partial shutdown in history of US can affect Americans' daily lives as services like air travel, military, national security etc can be impacted. Reports suggest that officials are still scrambling to avert the shutdown with no clear path.
Amid the US-China trade meet and the political risk in the UK, safe-haven demand may be upbeat. Hence, overall, the outlook for the yellow metal is bullish
The president, however, implied about declaring a national emergency if the Congress did not approve a funding for the wall by February 15. "If we don't get a fair deal from Congress, the government will either shut down on February 15 again or I will use the powers afforded to me under the laws and the Constitution of the United States to address this emergency."
The longest-ever shutdown, lasting more than 30 days, had paralysed the functioning of several key departments of the government. It also created a humanitarian crisis as some 800,000 federal employees did not receive their paychecks for a month.
If the shutdown lasts through the first quarter, financial companies could be hammered as federal workers are unable to pay their mortgages.
This partial shutdown is the longest in US history.
Trump supports the measure and is expected to sign it into law on Friday, ending a drama on Capitol Hill over federal spending.