US Senate Has Enough Votes to End Shutdown

Senators appeared optimistic they had the votes to end the government shutdown Monday after leaving meetings more confident about a compromise deal to allow Congress to pass a short-term funding bill.

The chamber is expected to shortly vote to advance a shot-term stopgap bill to keep the government open through Feb. 8.



“We will vote today to reopen the government,” said Senate Minority Leader Chuck Schumer, D-N.Y.

Schumer said Democrats have received assurances that the Senate will take on immigration issues, such as the Deferred Action for Childhood Arrivals program, or DACA. Earlier Monday, Senate Majority Leader Mitch McConnell, R., Ky., said he intends to allow debate on immigration before Feb. 8.

The Democratic leader said he was “confident” a bipartisan immigration bill could win 60 votes.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza