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Tuesday Nov 11 2025 17:30
2 min
Following a prolonged shutdown exceeding 40 days, the US government is edging closer to reopening as several Democratic senators joined Republicans in approving a funding bill. The US Senate convened late Monday for a vote on a bill for "continuing appropriations and extensions for fiscal year 2026," which successfully passed with a 60-40 margin. This bill is designed to maintain government funding through January 31, 2026, contingent upon its passage in the House of Representatives and subsequent signing into law by President Trump.
Given that Tuesday is a federal holiday in the US, the House is not anticipated to reconvene for a vote on the bill until Wednesday at the earliest. Predictive platform Polymarket has already revised its projections, suggesting a return to normal government operations by Friday, contingent on the House bill's approval.
The government shutdown – the longest in the nation's history – resulted in numerous federal agencies furloughing staff and curtailing operations to align with funding constraints. Even with the bill's immediate passage and enactment, a period of adjustment will likely be required before staff can fully return to their duties. For instance, the US Securities and Exchange Commission (SEC) plans to allow employees to return on the "next regularly scheduled workday following enactment of appropriations legislation."
On Monday, the Senate Agriculture Committee's leadership unveiled a discussion draft of comprehensive legislation concerning crypto market structure. This draft followed weeks of reported negotiations between Democratic and Republican lawmakers, approximately four months after the House passed its version of the legislation. The shutdown likely impeded progress on the bill, which Republican leaders had initially hoped would clear both the Agriculture and Banking Committees by the end of October and be enacted into law by 2026. While Republicans still have an avenue to enact the legislation, North Carolina Senator Thom Tillis cautioned that delaying passage beyond January or February could jeopardize the bill amidst the 2026 midterm campaigns.
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