Home / Market Update / Before midnight deadline, Congress moved to avoid shutdown.

Before midnight deadline, Congress moved to avoid shutdown.

Congress managed to prevent a government shutdown Thursday just some hours before midnight deadline and The U.S. will avoid a lapse in funding once Joe Biden signs it into law.
The Senate and House both passed a short-term appropriations bill that will keep the government running till 3 December.
The Senate approved the legislation in a 65-35 vote. All 50 Democrats backed the bill and 15 Republicans joined them. The House passed the bill by a 254-175 margin as every Democratic representative and 34 Republicans supported it.

Check Also

Oil Markets Eying Weekly Gains Following PMI Data

Crude Oil prices rebounded after a volatile Friday, driven by a surge in the US …