White House is considering a short-term deal to avert a government shutdown while negotiations continue with Democrats over reforms to ICE, Politico reports
Newsquawk Staff ·
- White House is now directly involved, and apparently keen to avert a second shutdown.
- Sources told Playbook that key sticking points remain, and nothing has been agreed.
- Politico also notes that even if an agreement to separate the DHS bill is reached, “hard-liners in the House are threatening to throw up hurdles.” But things are clearly moving fast.
What it means
The White House's consideration of a short-term deal to prevent a government shutdown suggests heightened urgency to address fiscal stability, which could influence market sentiment. However, ongoing negotiations and resistance from hard-liners indicate potential volatility as investors weigh the likelihood of an agreement. Overall, markets may react cautiously, with a focus on the implications for broader economic policy and government operations.
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