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Government Shutdown Talk Dominates Headlines

Shutdown could further rattle the markets

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  • Written by  Banking Exchange staff
 
 
Government Shutdown Talk Dominates Headlines

The federal government would shut down on Wednesday if Congress cannot agree to a short-term funding bill.

This week begins with a meeting on Monday with President Trump and congressional leaders.

The administration is embracing the showdown with threats of downsizing government even further if a deal is not made, leaving it to the democrats to decide the fate of the government.

While the financial markets expect a deal to be made, the markets would be rattled if this round of talks is different.

After the markets fell overall last week, a government shutdown could further rattle the markets.

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