Commodities and Futures News

US House Speaker Johnson unveils a two-step stopgap bill

2023.11.11 15:50


© Reuters. FILE PHOTO: Rep. Mike Johnson (R-LA) speaks during a television interview near the House floor at the U.S. Capitol in Washington, D.C., U.S., January 10, 2023. REUTERS/Sarah Silbiger/File Photo

WASHINGTON (Reuters) – U.S. House of Representatives Speaker Mike Johnson on Saturday announced a two-step temporary funding measure aimed at averting a partial government shutdown a week from now, U.S. media reported.

The measure would provide funding for some segments of the federal government until mid-January and for other agencies until February. It is unlikely to win support from Democrats or the White House.

The Republican-controlled House and Democratic-led Senate have until Friday to enact temporary funding legislation, commonly known as a continuing resolution, to keep federal agencies open after current funding expires.

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