The US Government Is About to Reopen — Here’s What Happened
After four days of a partial shutdown, Washington finally hit the pause button on the chaos.
On Tuesday, the House narrowly passed a $1.2 trillion funding bill (217–214) that keeps most of the US government running until the end of September. The Senate had already approved it, so now all that’s left is Trump’s signature, which is expected as long as nothing gets changed at the last minute.
Not everyone was happy. Many Democrats pushed back, mostly over immigration enforcement clauses, but enough of them crossed the aisle to get the bill over the line.
There’s a catch though. Funding for Homeland Security only lasts two more weeks, meaning Congress will be right back at the negotiating table soon to argue over ICE and border policy again. This isn’t a full “problem solved” moment — more like a temporary ceasefire.
Still, this shutdown was minor compared to the brutal 43-day shutdown in 2025, which slowed down everything, including crypto legislation. Markets seemed relieved.
$BTC jumped about 2% after the House vote, signaling traders are happy to see government drama cool off, at least for now.
Another upside: with the shutdown ending, the delayed January jobs report should finally be released. That data matters — it can influence Fed policy, markets, and risk appetite across the board.
What About Crypto Laws? Still Stuck.
On the crypto side, things are… messy.
The Senate Agriculture Committee already passed a major digital asset market structure bill last week, but it did so strictly along party lines and ignored all Democratic amendments.
Meanwhile, the Senate Banking Committee — which controls the SEC-related part of the bill — has hit the brakes. The markup was postponed after Coinbase CEO Brian Armstrong publicly said he wouldn’t support the bill as written. Lawmakers are still talking behind closed doors, but there’s no new timeline yet.
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