US President Trump's budget office sent a memo urging House Republicans to agree to partly reopen DHS, even without new cash for immigration enforcement, CNN reports citing sources

Context

The memo from President Trump's budget office signals a push for bipartisan agreement on reopening the Department of Homeland Security (DHS) without additional funding for immigration enforcement. This development may ease political tensions, potentially impacting risk sentiment positively and leading to short-term support for US assets, including equities and the dollar, while also influencing broader legislative negotiations.

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