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House Passes Temporary Funding To Operate Through January 19

Update: Right before ending the session and heading off for a well-deserved holiday, the House passed an $81 billion disaster-relief package in a 251-169 vote. The bill was surprisingly controversial – in part due to the enormous sum being authorized. According to Politico, the fate of the aid package is far from assured in the […]


A Look At US Government Shutdowns Since 1976

Investors and politicians are getting increasingly worried about a potential US government shutdown. Earlier we showed that following a report by Axios which quoted a republican who put the chance of a shutdown “as high as 75%”, the T-Bill market got spooked, and pushed the Oct.12 Bill – the one considered closest to the Treasury’s […]