US Senate Majority Leader Thune says they will likely need a stopgap with respect to DHS in order to avoid a shutdown
Newsquawk Staff ·
- Says, “Hopefully there'll be something out there soon, but I don't know how we get around having to extend the deadline.”. The White House could make a counteroffer available in the near term.
What it means
The statement from Senate Majority Leader Thune regarding a potential stopgap for the Department of Homeland Security suggests increasing pressure to avoid a government shutdown. This uncertainty could weigh on market sentiment, particularly in sectors reliant on government operations, and may provoke volatility in equities and bonds as investors assess the likelihood of a resolution in the near term.
Sources
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