Biden calls on Congress to fund government as Moody's and Wells Fargo warn of shutdown impact
Publishing timestamp: 2023-09-26 13:37:14
Summary
President Biden urges Congress to fund the government to avoid a potential shutdown that could harm the U.S. credit rating and dollar. Moody's and Wells Fargo have warned about the negative impact of a shutdown, while Biden accuses a small group of extreme House Republicans of refusing to live up to the budget deal. The funding appropriation for federal government operations is set to expire soon, and failure to pass the remaining bills could lead to furloughs, agency closures, and jeopardize essential programs.
Sentiment: MIXED
Keywords: united states, joe biden, breaking news: politics, business news, business, wells fargo & co, government and politics, politics, markets, moody's corp, economic events, washington, breaking news: markets,