According to Politico, the Senate voted Sunday to take the first step toward ending the longest shutdown in U.S. history, paving the way for the government to reopen later this week.
The measure passed with support from 60 senators, including eight Democrats, following weeks of negotiations between Republican and Democratic leaders.
Talks in the Senate stretched over 40 days as the effects of the shutdown began to impact key sectors — from food assistance programs to air travel, where thousands of flights were canceled due to a shortage of air traffic controllers.
Earlier, U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins said the ongoing shutdown had slowed the agency’s operations and delayed the development of new regulatory frameworks, including those related to the crypto market. He noted that the commission was forced to focus solely on essential functions while suspending new initiatives.
The agreement must now be approved by the House of Representatives before the government can officially resume operations.
“It looks like we are very close to ending the shutdown,” President Donald Trump told reporters on November 9.
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