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Fed Chair Jerome Powell was asked on Wednesday about the ongoing federal government shutdown, which is currently the second-longest in U.S. history, and how it could make policy decisions more challenging for the central bank going forward. The shutdown presents a lack of economic data as the federal government has halted the collection of key ...
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The government shutdown is now in its 30th day — and tensions in Congress are rising, though bipartisan talks have been ongoing. Republican leader Sen. John Thune and New Mexico Democratic Sen. Ben Ray Luján sparred in the Senate chamber Wednesday, after Sen. Luján and other Senate Democrats introduced a bill to fully fund nutritional programs like WIC and SNAP. Sen. Thune said Republicans who have voted to reopen the government want those programs to be funded when the government opens back up:
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The government shutdown is now in its 30th day — and tensions in Congress are rising, though bipartisan talks have been ongoing. Republican leader Sen. John Thune and New Mexico Democratic Sen. Ben Ray Luján sparred in the Senate chamber Wednesday, after Sen. Luján and other Senate Democrats introduced a bill to fully fund nutritional programs like WIC and SNAP. Sen. Thune said Republicans who have voted to reopen the government want those programs to be funded when the government opens back up:
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Following the Fed's decision to cut interest rates for the second time this year, Federal Reserve Chair Jerome Powell acknowledged economic damage wrought by the government shutdown — but downplayed its enduring impact. Read more: https://abcnews.visitlink.me/JZsjcG | ABC News
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