The Dow Jones (DJIA) is set to open Monday’s trading session higher as hopes for the government reopening surge on the 41st day of the closure.
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Over the weekend, the Senate convened and voted 60-40 to advance a bill that would fund the government until January 30, 2026. However, the bill still needs to receive final Senate approval, House approval, and finally confirmation from President Trump before the government can open its doors.
Shutdown Bill Moves Forward as Senate Plans December ACA Vote
While the bill doesn’t approve an extension of Affordable Care Act (ACA) subsidies, a major issue dividing the two parties, it does allow for a vote on them by December. In addition, the bill would prevent the firing of federal employees for several months and provide them with back pay accumulated during the shutdown.
“Hopefully, we’ll get an opportunity tomorrow to set up the next votes,” said Senate Majority Leader John Thune on Sunday. “Of course, that’s going to take some cooperation and consent.”
The Senate is scheduled to meet at 11 a.m. Eastern Time today to continue discussions and attempt to expedite final passage of the bill.
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