Unless the Republicans are talking to Democrats and signing off on a bipartisan bill, the US government will close midnight on Tuesday, likely to delay any consideration of a digital structure of the market structure in the Senate.
On Monday, the US House of Representative and Senate leaders were scheduled to meet with President Donald Trump to arrange terms to prevent a government closing. Although in most of the same Congress chambers, Republicans need additional support to pass a temporary bill to keep the government open, leading to democrats asking for a return to many of the deductions of health care from a budget budget signed by law In July – that is, “a great, good bill.”
A shutdown will effectively prevent US lawmakers from considering or voting for any bills that are currently moving to Congress, including Trump’s signing of them, and likely any regulatory actions from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).
It means Considering Bill of Digital Asset Market Structure Bill In the US banking committee, which is pushed from the end of September to October, may see additional delays.
Although the partial or complete government’s shutdown on policy disputes has taken place since the Reagan administration in the 1980s, Trump Hold the record For being on the rudder during the longest one in US history: 35 days in 2018 and 2019, in his plan to build a US-Mexico border wall. Law priorities during the shutdown are likely to change the continued government funding rather than any unrelated bills such as the crypto market structure.
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What to expect from negotiations?
Trump Says Last week that “no meeting with (democratic) Congress leaders could be productive” to avoid a potential closure, along with the White House later Releases A statement suggesting that the president is not open to any negotiations. However, Trump is set to meet with House Minority Leader Hakeem Jeffries, Senate Minority Leader Chuck Schumer, House Speaker Mike Johnson and Senate Majority Leader John Thune on Monday.
Thune Says In a Sunday interview that the Republicans had a “simple, seven -week funding resolution” that temporarily expanded government funding until November. Jeffries pushed recognizing the proposal as a “clean fee” last week, saying That did nothing to meet Democratic calls to reverse healthcare cuts on the July spending proposal.
https://www.youtube.com/watch?v=CC1-dc3n3ra
The structure of the Senate market structure, also known as responsible law in the Innovation Financial, is expected to build on The Clarity Act passed by the Chamber in July, clarifying the duties that the CFTC and SEC will have the supervision of digital property.
Wyoming Senator Cynthia Lummis, one of the most important republican advocates of the bill, first Plans to pass it The banking committee by the end of September. Reports have suggested that the committee pushed the consideration in late October, and a government closure could delay this timeline.
Should negotiations fail and either side do not agree with a bill, the US government will close at midnight on Tuesday.
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