Back to Industry News
Fintech
Government Shutdown Stretches Into Monday as Senate Standoff Continues
Heartspace News Desk
•Source: Forbes
Photo by Bro Takes Photos on Unsplash
Stay updated on stories like this
Key takeaways
- government shutdown extended into Monday after the Senate failed for a fourth time on Friday to pass legislation to end the impasse, according to Forbes
- The shutdown, triggered by the failure of Republicans and Democrats to reach a funding agreement, continues as negotiations remain stalled
- Republican leadership maintains they will not negotiate with Democrats
The U.S. government shutdown extended into Monday after the Senate failed for a fourth time on Friday to pass legislation to end the impasse, according to Forbes. The shutdown, triggered by the failure of Republicans and Democrats to reach a funding agreement, continues as negotiations remain stalled. Republican leadership maintains they will not negotiate with Democrats. The consequences of the shutdown are already being felt, with the release of the September labor market report postponed and the White House suspending billions of dollars in funding for significant infrastructure projects.
Related Topics
government shutdownfunding dealDemocratsRepublicansfintecheconomy
Never miss stories like this