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Trade and economy
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Trade and economy
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Trump says that GOP Jams may be shutdown after Dames
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President Trump predicted on Friday that the government would shut down “For a period of time“Between a deadlock in the Senate between Republican and Democrats.
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Trump expressed some pessimism about the two sides that arrive on an agreement that can get 60 votes in the Senate.
The chamber has 53 seats in Republican, which means At least seven democrats The government will need to support funding measures to keep it open.
“We will continue to talk to Democrats, but I think you can finish very well A closed country For the period of time, “Trump said.” And we will take care of the army. We will take care of social security. We will take care of those things that have to be taken care of.
Trump said, “A lot of things fight for Democrats … will not be paid.” “So we will see and see how we do with it.”
House Republican first approves a short -term government spending package Stop a shutdown at the end of the month. The law was designed by Republican without a democratic input.
Hours later, Senate Democrat blocked House-pass bill. Republican also defeated an alternative proposal, which shifted the deadline on 31 October, increasing the possibility of shutdown.
“I don’t know if you can make a deal with these people,” said Trump. “I think these people are crazy.”
Read more here,
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Welcome to the hill Business and economy newspapersI am covering the intersection of Silvan Lane – Wall Street and Pennsylvania Avenue.
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Major business and economic news with the implications this week and beyond:
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The Senate Democrats on Friday blocked a house-passed bill to fund federal departments and agencies for seven weeks, shutting Washington on 1 October on 1 October.
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The Senate Republican voted a democratic resolution on Friday to fund the government for a month and permanently expanded the health care premium subsidy ending at the end of the year.
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President Trump said on Friday that Chinese President Xi Jinping had approved a deal to keep the ticket in the US running in the US after months of uncertainty about the future of the popular video-sharing app under the 2024 law.
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Some new iPhone models are debuting at high prices, but this does not mean that President Trump’s tariff is blamed.
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We are looking at upcoming news subjects and events:
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- John Williams, Chairman of Federal Reserve Bank of New YorkGives a speech at EDT at 9:45 am on Monday
- Fed governor Stephen Miran Saves him First speech EDT at 12 noon on Monday as a member of Fed Board
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Business and Economic News We have given the green signal from other outlets:
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- Bureau of Labor Statistics Postpone key data report (Axis,
- Since leaving Washington, Elon Musk All are in their AI company (NYT,
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Opinion related to trade and economic issues presented to the hill:
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You are all caught. see you next week!
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