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US House Rules Committee is preparing a measure for an interim spending bill to run through early December, and also a framework for reconciliation 3.0, Fox's Pergram reports

Newsquawk Staff ·

US House Rules Committee is preparing a measure for an interim spending bill to run through early December, and also a framework for reconciliation 3.0, Fox's Pergram reports.

What it means

The preparation of an interim spending bill by the US House Rules Committee suggests a focus on stabilizing government funding ahead of a potential shutdown. This move reflects ongoing negotiations within Congress, and it could impact markets by providing clarity on fiscal policy into December. Traders should watch for implications on Treasury yields and overall risk sentiment as political dynamics evolve.

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