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On shutdown, Trump vows to wait as long as it takes for wall funding

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AL ASAD AIR BASE, Iraq (Reuters) – President Donald Trump said on Wednesday he is prepared to wait as long as it takes to get $5 billion from taxpayers for his U.S.-Mexico border wall, a demand that has triggered a partial shutdown of the federal government that is now in its fifth day.

With no immediate end to the shutdown in sight, Trump made his remarks during a surprise visit to Iraq and blamed the shutdown on Democrat Nancy Pelosi, who was expected to become speaker of the U.S. House of Representatives on Jan. 3.

Trump had previously said he was prepared for a lengthy shutdown and when asked on Wednesday how long he would wait to get what he wants, he said, “Whatever it takes.”

“Nancy is calling the shots,” said the Republican president, suggesting that her opposition to his demand for wall funding had to do with Pelosi’s need for votes to become speaker.

Reuters

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Ed Moya

Ed Moya

Senior Market Analyst, The Americas at OANDA
With more than 20 years’ trading experience, Ed Moya is a senior market analyst with OANDA, producing up-to-the-minute intermarket analysis, coverage of geopolitical events, central bank policies and market reaction to corporate news. His particular expertise lies across a wide range of asset classes including FX, commodities, fixed income, stocks and cryptocurrencies. Over the course of his career, Ed has worked with some of the leading forex brokerages, research teams and news departments on Wall Street including Global Forex Trading, FX Solutions and Trading Advantage. Most recently he worked with TradeTheNews.com, where he provided market analysis on economic data and corporate news. Based in New York, Ed is a regular guest on several major financial television networks including CNBC, Bloomberg TV, Yahoo! Finance Live, Fox Business and Sky TV. His views are trusted by the world’s most renowned global newswires including Reuters, Bloomberg and the Associated Press, and he is regularly quoted in leading publications such as MSN, MarketWatch, Forbes, Breitbart, The New York Times and The Wall Street Journal. Ed holds a BA in Economics from Rutgers University.
Ed Moya

@https://twitter.com/edjmoya

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