• 17 hours ago
Senate Majority Leader Chuck Schumer said Democrats would block a Republican spending bill to prevent a government shutdown, according to Bloomberg.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Senate Majority Leader Chuck Schumer said Democrats would block a Republican spending bill
00:06to prevent a government shutdown. And according to Bloomberg,
00:09the move escalates a standoff between the parties,
00:12raising the risk of a shutdown as financial markets remain very volatile.
00:16Senate Majority Leader John Thune signaled potential negotiations,
00:20offering Democrats a vote on a short-term bill if they agree to final votes on the House pass measure.
00:26Moderate Senate Democrats remain divided, with Senator John Fetterman opposing a shutdown,
00:32while others push for an alternative. House Republicans passed a bill funding the
00:37government through September and left for a recess, leaving Senate negotiations uncertain.

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