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US Government Funding Deal Reached

House and Senate appropriators agreed to a bipartisan bill to fund the U.S. government through Sept. 30, and it will be introduced tonight, Senate Appropriations Chairwoman Barbara Mikulski said.

The measure will reach the House floor tomorrow or Jan. 15, Mikulski, a Maryland Democrat, said in Washington. “We have a bill,” she said. “There will be no shutdown.”

Government funding runs out Jan. 15, so lawmakers also plan to pass a separate three-day stopgap bill at current funding levels to push the deadline to Jan. 18. That would give lawmakers enough time to enact the comprehensive bill without risking a government shutdown.

“I think it’s a really good deal,” said House Rules Committee Chairman Pete Sessions, a Texas Republican. “The Senate and the House got together in a good way.”

Bloomberg [1]

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Mingze Wu

Mingze Wu [6]

Currency Analyst at Market Pulse [7]
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu
Mingze Wu

+Mingze Wu [10]