President Trump Signs Spending Bill

President Donald Trump signed a spending bill Friday morning to keep the government operating after some brief uncertainty about when he would do so.

“Our Military will now be stronger than ever before. We love and need our Military and gave them everything — and more. First time this has happened in a long time. Also means JOBS, JOBS, JOBS!” Trump tweeted after signing the legislation.



He then tweeted: “Without more Republicans in Congress, we were forced to increase spending on things we do not like or want in order to finally, after many years of depletion, take care of our Military. Sadly, we needed some Dem votes for passage. Must elect more Republicans in 2018 Election!” He also called the bill a “big victory” for the military.
The House of Representatives cleared the measure early Friday morning in a 240-186 vote, with 73 Democratic members voting for passage.
Earlier Friday morning, the White House told reporters that the President would sign the legislation, but did not provide guidance on exactly when that would be. A senior administration official had said Trump would sign the bill before noon but was unlikely to do so before 9 a.m., when federal employees would be back at work.
A second official said White House employees were expected to come to work as usual.

via CNN

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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