US Senate Majority Leader Thune says he does not have assurances from Speaker Johnson that the House will pass it as-is, Punchbowl reports
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US Senate Majority Leader Thune says he does not have assurances from Speaker Johnson that the House will pass it as-is, Punchbowl reports
[MARKET ANALYSIS] Geopolitics keeps crude prices underpinned and metals softer amid a firmer USD
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- Thune expressed frustration with the House over the broader DHS funding bill too and wants the White House to get more engaged
Context
Thune's comments indicate rising uncertainty regarding the passage of the DHS funding bill, which could signal challenges in bipartisan cooperation. This friction may hinder fiscal policy moves and create volatility in markets, especially in sectors sensitive to government funding or regulation. Traders should watch for reactions in both equity and bond markets as this situation develops.
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