Updates on the federal government shutdown
BUSINESS RECORD STAFF Jan 23, 2019 | 4:43 pm
1 min read time
307 wordsAll Latest News, Government Policy and LawThirty-three days. The partial federal government shutdown is now the longest in U.S. history as of today. There have been lots of headlines about how federal workers have been affected, local efforts going on to deal with the consequences, and what is going on in Congress to work toward an end. Here’s a collection of stories to understand effects on business and the latest developments:
U.S. government shutdown leaves data vacuum in its wake
Reuters: A partial shutdown of the U.S. government, now entering its second month, has delayed the publication of key economic data, leaving investors and businesses to follow their intuition and gut instincts as they make critical decisions.
Blank-check company IPOs moving ahead despite government shutdown
Reuters: “Blank-check” companies, which launch IPOs to raise money for acquisitions, are taking advantage of their unique structure to proceed without the approval of the Securities and Exchange Commission, which has been paralyzed by the longest government shutdown in U.S. history.
Congress agitates to end relentless shutdown
Politico: There’s a flurry of movement to end the shutdown on both sides of the Capitol, but no signs that either President Donald Trump or GOP and Democratic leaders are budging enough to end the standstill.
The border wall isn’t the only reason Democrats oppose plan to end the shutdown
NPR: Democrats and immigrant rights groups were quick to oppose President Donald Trump’s proposal to end the government shutdown over the weekend because it includes $5.7 billion for an expanded border wall. Now that they’ve seen the full language of the bill, they’ve found even more reasons not to like it. The proposed bill includes some big changes to U.S. immigration policy.
Editor’s note: The Business Record’s coverage on this issue is ongoing. If your business or organization has been affected by the government shutdown, please contact suzannebehnke@bpcdm.com with any details.
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