Tag Archives: shutdown

WINNING: Dow Jones Plummets Another 650 Points

CNN reports: Markets took a wild ride on Monday after Treasury Secretary Steven Mnuchin’s attempts to calm investors backfired. Stocks had recovered late morning, but then fell to their lowest level for the day after President Donald Trump tweeted mid-morning, “The only problem our economy has is the Fed.” Investors are concerned that Trump may fire Federal Reserve Chairman Jerome …

Read More »

McConnell Adjourns Senate Until December 27th

The Hill reports: The partial shutdown will drag into next week after the Senate adjourned on Saturday without taking action to end the funding lapse and reopen the federal government. The chamber will next meet for a pro forma session on Monday morning, then will reconvene after Christmas on Thursday, Dec. 27, Senate Majority Leader Mitch McConnell (R-Ky.) announced. The …

Read More »

Trump Rants: Reports On Shutdown Are “Mostly FAKE”

Mediaite reports: President Donald Trump tweeted this morning to decry “mostly FAKE” news about the shutdown and his decision to withdraw from Syria. He also defended his Syria decision, though he said this time that ISIS is “largely defeated.” Trump’s tweets were posted around the time news broke that the top U.S. envoy to the global coalition fighting ISIS submitted …

Read More »

Pence And Kushner Meet With Schumer In Last Minute Scramble For Deal To Avert Government Shutdown

The Hill reports: Vice President Pence, incoming White House chief of staff Mick Mulvaney and White House adviser Jared Kushner met with Senate Democratic Leader Charles Schumer (N.Y.) on Friday afternoon in a last-ditch effort to avoid a partial government shutdown. Funding for 25 percent of the federal government is due to expire at the end of Friday absent a …

Read More »

SHUTDOWN MAN: Dow Sees Worst Week In Decade

Yahoo Finance reports: U.S. stocks plunged Friday, extending a crushing week of declines for the major equity indices. The S&P 500 fell 2.06%, or 50.76 points, as of market close and is down 7% this week. This was the worst week for the S&P 500 since August 2011. The Dow slid 1.82%, or 417.11 points. The index fell 6.75% for …

Read More »

GOP Senators Rebuff Trump On “Nuclear” Option To End Filibuster Rule In Order To Pass $5B Wall Spending Bill

ABC News reports: Senate Republicans quickly rejected President Trump’s push that they go “nuclear” and change Senate rules to eliminate the legislative filibuster in order to pass a funding bill with $5 billion for his wall on the Mexican border. “I’ve long said that eliminating the legislative filibuster would be a mistake,” said outgoing Senate Finance Chairman Orrin Hatch (R-Utah) …

Read More »

Trump Blames Democrats For Shutdown Ten Days After Telling Schumer “I’m Not Going To Blame You For It”

Mediaite reports: Ten days after Donald Trump promised to accept responsibility for a government shutdown, he’s now saying Democrats will be the ones to blame for it. This is quite a departure from last week when Trump had his explosive meeting with Senate Minority Leader Chuck Schumer (D-NY) and House Minority Leader Nancy Pelosi (D-CA). It was during that meeting …

Read More »

Senate May Vote On Amended Spending Bill Tomorrow

Bloomberg reports: Senators are preparing for a possible vote on Friday if the House is able to send it an amended government funding bill. Senators and aides say they’ve been told to tentatively plan for a vote around noon on Friday, even as scores of senators have already left Washington after passing a seven-week stopgap funding measure on Wednesday night. …

Read More »

SHUTDOWN MAN: Stocks Tumble Another 500 Points

The Street reports: Stocks tumbled on Thursday, Dec. 20, with the Dow diving almost 500 points as concerns grew that the U.S. government would partially shut down over the Christmas holiday season because President Donald Trump won’t sign a stopgap spending bill. Speaker of the House, Paul Ryan (R-Wis.), said Thursday that Trump wouldn’t be signing the spending bill after …

Read More »

LIVE VIDEO: Trump Speaks On Pending Shut Down

CBS News reports: With barely one day to go until a midnight Friday deadline, President Trump is signing a bill — but it’s not the one to fund the government. Mr. Trump is signing a farm bill at the White House Thursday, but he says he won’t sign the current short-term spending bill, House Speaker Paul Ryan told reporters after …

Read More »

Paul Ryan: Trump Won’t Sign No-Wall Spending Bill

ABC News reports: House Speaker Paul Ryan told reporters Wednesday afternoon after meeting with President Trump that the President will not sign a spending bill that has already passed the Senate because it does not offer funding for his border wall. Trump had indicated yesterday that he would sign the bill in order to prevent a government shutdown. The government …

Read More »

Trump Hints At Shutdown Via Spending Bill Veto

Reuters reports: Fears about a partial government shutdown grew Thursday as President Donald Trump left the door open to vetoing a short-term spending bill expected to pass Congress. The Senate has approved a bill to avoid a partial government shutdown. But it was unclear Thursday morning whether the House would pass it — or if Trump would sign it — …

Read More »

NRA Spox: Trump Should Shut Down The Government, Shut Down The Border, Challenge Dems To Stop Him

“I would love to see the president – and I think the president could do this – he could just go ahead and shut down the border, and then shut down the government, and then challenge Democrats to do something about it. For those Republicans in congress who refuse to stand on their own, perhaps they would need a little …

Read More »

McConnell To Intro Spending Bill To Avert Shutdown

Politico reports: Mitch McConnell is working to bail out Congress and President Donald Trump from an intractable government shutdown impasse, moving on Wednesday to fund the government into early February and avoid a funding lapse right before the holidays. The Senate majority leader will introduce a bill that funds the government through Feb. 8 after a longer-term offer was rejected …

Read More »

POLL: Border Wall Last On List Of Voters’ Priorities

Morning Consult reports: President Donald Trump has spent much of the past month saying it’s imperative that Congress helps him build his proposed border wall with Mexico. But as lawmakers searched for a deal with the White House to avert a partial government shutdown, a new Morning Consult/Politico poll shows voters place wall funding at the bottom of a list …

Read More »

Schumer Rips Trump’s “Temper Tantrum” As Shutdown Looms: He’s Not Getting The Wall In Any Form [VIDEO]

NBC News reports: Senate Minority Leader Chuck Schumer Sunday said President Donald Trump is preventing a deal to avert a partial government shutdown because of a “temper tantrum” over his demand for more funding to build a border wall. “We Democrats, Leader Pelosi and I, offered the president two options as to how to avoid the shutdown,” he said. “We …

Read More »

Ingraham: If Trump Doesn’t Shut Down Government Until The Wall Is Funded Then We’ve Lost The Country

“I’ll just say it, we’re losing the country, and it’s happening under Trump’s watch. Not good. You think it’s dangerous for you to shut the government down before Christmas, what’s dangerous is for this situation to keep going on our southern border. 158 million migrants want to move to the U.S., it’s the world’s top pick. Yeah of course, but …

Read More »

Trump Claims He’ll Delay Shutdown Because Of GHWB

Politico reports: President Donald Trump and congressional leaders are getting ready to punt on a major shutdown fight over Trump’s border wall for at least a week. The president said he would back a two-week delay of a government shutdown battle after the death of former President George H.W. Bush. Government funding expires on Dec. 7 for several departments, including …

Read More »

Trump Is “Totally Willing” To Shutdown Government Until His Border Wall Is Funded (But Not By Mexico)

Politico reports: For the last two years, congressional Republicans have persuaded President Donald Trump to delay the fight to fund his border wall, convincing him he would pay a steep political price for such a high-stakes legislative brawl. Trump is done waiting. Nine days ahead of a deadline that could trigger a partial government shutdown, with no solution in sight, …

Read More »

Kellyanne Conway: Trump Might Shutdown Government Over Border Wall Funding, All Options Open [VIDEO]

The Hill reports: White House counselor Kellyanne Conway on Friday said “all options are open” in response to a question about President Trump potentially shutting down the government over funding for the border wall. “Fox & Friends” host Steve Doocy said that “it doesn’t look he’s going to get funding for the wall” in the upcoming spending bill and asked …

Read More »