US House GOP leaders are struggling to strike a deal with Republican hard-liners tonight that would allow the final government funding package to advance, Politico reports
Newsquawk Staff ·
- "The Rules Committee recessed Wednesday evening without a solution. Senior Rs hope to reconvene the panel by 9 pm".
What it means
The ongoing struggle among House GOP leaders to finalize the government funding package signals potential instability in U.S. fiscal policy, which could lead to short-term volatility across markets. The inability to reach an agreement with hard-liners may increase uncertainty around government operations and budgeting, potentially impacting investor sentiment and risk appetite.
Sources
- Brussels is demanding that the UK be bound by European restrictions on Chinese EVs and that ministers imposetariffs of up to 35% on Chinese-made EVs as the price of allowing British car firms equal access to EU markets, reports The Times
- US Senate Commerce Committee to hold November 10th confirmation hearing for FCC Commissioner nominee Thumann
- The US DoJ is ramping up a criminal investigation into the Alaska US Senate race, issuing more than 100 subpoenas and at least 20 target letters to Democrats, reports ABC citing sources
- Swedish parliament rejects Centre Party leader’s candidacy for PM
- Newsquawk Daily Asia-Pac Opening News - 3rd November 2026
Related headlines
- UK's Unite Union says the Apache offshore workers are escalating their strike action on various offshore platforms with a 24-hour period of strikes5 days ago
- US, Chinese and Russian officials are reportedly in talks regarding a possible trilateral summit between President Trump, Chinese President Xi and Russian President Putin later in November, at the Apec summit in Shenzhen, FT reports citing sources5 days ago
- German Chancellor Merz says they need to ensure that the electricity tax is reduced in the 2027 budget, and has some ideas on how to do this5 days ago
- USDA confirms highly pathogenic avian influenza in a dairy herd in Indiana6 days ago
- A top right-wing politician told Politico that teaming up to topple Polish PM Tusk is now the “fundamental common goal”6 days ago
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings5 days ago
- US Midterms Cheat Sheet for Traders5 days ago
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms5 days ago
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await 5 days ago
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.37 LOWER AT 96.09/BBL5 days ago
- Quarterly Refunding Primer: Eyes on guidance and buyback commentary5 days ago
- Newsquawk Daily US Earnings Estimates - 4th November 2026: CVS, UBER, MCD, QCOM, MCK, ARM5 days ago
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus5 days ago
- Newsquawk European Market Wrap - 3rd November 20265 days ago
- Newsquawk Daily Economic Releases - 4th November 20265 days ago