The Latest Breaking News from Government Shutdown

Asian investors fought Friday to grind out gains at the end of a painful week for markets as they welcomed signs US lawmakers will avert a government shutdown but remained fearful over Donald Trump's trade war.

The White House released recent videos of Senate Minority Leader Chuck Schumer arguing against a government shutdown when Joe Biden was in office

The American Federation of Government Employees said a "government shutdown has been underway since January 20"

March S&P 500 E-Mini futures (ESH25) are down -0.21%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.36% this morning as concerns about whether Washington lawmakers will avert a government shutdown this weekend contributed to uncertainty regarding the U.S. economic outlook.

Analysis: Democrats have two choices – let the government shut down or pass a spending bill rife with DOGE-style cuts, Eric Garcia writes

Some Democrats fear taking the blame if they don't offer their votes for a Republican spending proposal

Brinkmanship, a political scramble to keep the lights on in Washington and finger-pointing over who is to the blame – we’ve been here before, right?

Speaker Mike Johnson is aiming to pass a six-month funding extension with only Republican votes. The bill, which has been created along partisan basis, could face opposition from Democrats.

Analysis: House Speaker Mike Johnson and Senate Minority Leader Chuck Schumer both face major tests, Eric Garcia reports

House GOP leaders must rally their razor-thin majority to pass a stopgap funding measure this week, while Senate Democrats must decide whether to vote against a bill they dislike and trigger a partial government shutdown. CQ Roll Call’s Peter Cohn and David Lerman assess the prospects for a fiscal 2025…

A proposed temporary funding bill would keep the government running through the fiscal year