House Appropriations Committee Republican Chair Pushes to Delay Stopgap Funding Bill to November
BlockBeats News, September 3rd, According to foreign media reports, Tom Cole, chairman of the House Appropriations Committee, said on Tuesday that he is pushing for a stopgap measure to postpone the government shutdown threat to November this month to buy time for funding negotiations. Congress must now reach an agreement by September 30th to keep the government funded, or face the risk of the first shutdown in years. When asked about his preferred timeline for the stopgap measure, Cole said he would like to see a "to November" stopgap measure, freezing funding at current levels while lawmakers negotiate the 2026 fiscal year bill. Cole said that lawmakers are specifically discussing pushing the deadline to at least November 6th, but he added, "We will at the latest before Thanksgiving, like the 20th." (FXStreet)
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This Week's Key News Preview | The Federal Reserve Announces Interest Rate Decision; MegaETH Conducts TGE
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