Swalwell on the chance of a shutdown: ‘I don’t want to be part of this oppression’
Swalwell Discusses Government Funding and Shutdowns In a recent interview, Rep. Eric Swalwell (D-Calif) shared his thoughts on why it’s important for the government to resist GOP funding strategies that could lead to shutdowns. “Why should we keep co-signing on this madness that harms our friends and neighbors and ultimately reflects poorly on America?” Swalwell […]
Will Social Security payments be halted during a government shutdown?
(Nexstar) – As the prospect of a government shutdown looms, lawmakers from both parties express no willingness to negotiate fundraising laws before the looming October 1 deadline. “If a shutdown happens, it will be necessary,” Trump stated on Friday. On the other hand, Democrats remain firm, choosing not to engage on crucial health care topics […]
A shutdown would stop the jobs report and important economic information during worries about a recession.
The federal government plans to stop producing crucial economic data if funding negotiations fail by Wednesday. This could leave policymakers and investors in the dark, especially concerning the health of the job market. If President Trump and the Democrats can’t reach a funding agreement by the deadline, the Bureau of Labor Statistics (BLS) will suspend […]
Unionized Federal Employees Express Willingness to Endure ‘Severe Hardship’ to Resist Trump During Shutdown
Federal Unions Prepare for Potential Government Shutdown Numerous federal unions are indicating their readiness to support a government shutdown, despite the serious implications this could have for their members, including potential job losses. The Federation Army Network (Fun) and 35 unions sent a letter to key Democratic leaders on Monday, urging them to resist GOP […]
Democrats called out for double standards regarding ‘hostage-taking’ and ‘ransom’ language in previous shutdown disputes
Government Shutdown Tensions Resurface In Washington, the ongoing debate over government shutdowns is heating up again, with Democrats reminding everyone of past Republican tactics. This time, the tables have turned, as the GOP is pushing for a “clean” funding solution without any concessions while Democrats hold firm on their demands. It’s a stark contrast to […]
White House warns of government job losses if Democrats fail to avert shutdown
On Monday, White House Press Director Karoline Leavitt issued a warning about potential government layoffs unless Democrats act to avert a shutdown by Tuesday. This follows actions taken by President Trump’s Budget Office urging preparations for significant layoffs. When asked about possible layoffs due to a shutdown, Leavitt stated, “If Democrats don’t leave the government […]
Shutdown Basics: What closes, what remains open, and who suffers
The deadline for funding the government is approaching, and so far, lawmakers haven’t taken steps to prevent a partial shutdown. The Senate is set to reconvene in Washington, D.C. on Monday, and Congressional leaders will meet with President Donald Trump to discuss government funding. However, last week saw both sides more focused on blame than […]
Trump meets with congressional leaders today as a government shutdown approaches
Potential Government Shutdown Looms as Trump Meets Congressional Leaders President Donald Trump is scheduled to meet with top Congressional leaders at 2 PM on Monday, just ahead of a looming government shutdown set to begin at 12:01 AM on Wednesday. Despite this critical meeting, there’s a noticeable lack of optimism surrounding the discussions. Senate minority […]
Market update: Dow, S&P 500, Nasdaq futures rise as government shutdown looms
U.S. stock futures are facing the possibility of delaying the release of crucial monthly employment reports this week, as investors are concerned about a potential government shutdown. Futures for the Dow Jones Industrial Average rose by about 0.4%, while the S&P 500 saw an increase of 0.5%. Similarly, the Nasdaq 100 contract noted a rise […]
Concerns over government shutdown, stocks decline, the rise of dirty soda and more in Morning Squawk
This is CNBC’s morning newsletter. Here are five key points for investors to consider as trading begins: 1. Shutdown Showdown The Federal Government is set to shut down on Wednesday unless Congress reaches an agreement on funding. President Trump is expected to confer with top Congressional leaders today after cancelling a prior meeting with Democrats […]