US House Speaker Johnson and fellow leadership is indicating that they believe they have the votes to pass the funding package today, Politico's Hill reports citing sources
Newsquawk Staff ·
US House Speaker Johnson and fellow leadership is indicating that they believe they have the votes to pass the funding package today, Politico's Hill reports citing sources.
What it means
The indication from House Speaker Johnson that they believe they have the votes to pass the funding package suggests a potential easing of legislative gridlock, which could positively influence market sentiment. If successful, this may also signal a willingness to move forward with fiscal initiatives, affecting risk sentiment and possibly influencing USD movements and U.S. Treasury yields. Watch for how markets react as it could set a tone for broader fiscal and economic policy discussions.
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
- UK's Unite Union says the Apache offshore workers are escalating their strike action on various offshore platforms with a 24-hour period of strikes
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