Government Shutdown, New Fed Chair

With the government shutdown deadline at midnight tonight, it appears that there will be a shutdown. There’s hope that it may end by early next week, though.

The White House and Senate Democrats reached a deal on Thursday to approve the House-passed spending bill but took out the Department of Homeland Security (DHS) appropriations from the bill. Under the proposal, major agencies such as DoD, HHS, and Labor will be funded but under a so-called Continuing Resolution (CR). DHS will operate ...

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