Zürcher Nachrichten - Uncertainty grows over when US budget showdown will end

EUR -
AED 4.286942
AFN 74.707623
ALL 96.255989
AMD 439.281891
AOA 1070.423587
ARS 1619.071826
AUD 1.661178
AWG 2.101158
AZN 1.982453
BAM 1.951721
BBD 2.349588
BDT 143.363587
BHD 0.440647
BIF 3467.494637
BMD 1.16731
BND 1.487147
BOB 8.060703
BRL 5.977213
BSD 1.166512
BTN 107.696818
BWP 15.651414
BYN 3.404981
BYR 22879.277861
BZD 2.346185
CAD 1.617331
CDF 2685.980518
CHF 0.923347
CLF 0.026612
CLP 1047.357671
CNY 7.980023
CNH 7.982201
COP 4260.425038
CRC 542.642528
CUC 1.16731
CUP 30.933718
CVE 110.719007
CZK 24.40734
DJF 207.454552
DKK 7.47257
DOP 70.797322
DZD 154.762451
EGP 62.035874
ERN 17.509651
ETB 181.662608
FJD 2.585474
FKP 0.868569
GBP 0.870761
GEL 3.134246
GGP 0.868569
GHS 12.857991
GIP 0.868569
GMD 85.213904
GNF 10248.982856
GTQ 8.924346
GYD 244.060458
HKD 9.146861
HNL 31.073477
HRK 7.535804
HTG 152.933134
HUF 378.20384
IDR 19951.83924
ILS 3.601531
IMP 0.868569
INR 108.256918
IQD 1529.176224
IRR 1535012.774586
ISK 143.788935
JEP 0.868569
JMD 183.636165
JOD 0.827642
JPY 185.580713
KES 150.875304
KGS 102.081421
KHR 4685.582455
KMF 495.515731
KPW 1050.525541
KRW 1728.296359
KWD 0.360688
KYD 0.972114
KZT 557.737497
LAK 25637.044209
LBP 104510.724117
LKR 367.711412
LRD 215.022635
LSL 19.39488
LTL 3.446763
LVL 0.706094
LYD 7.406559
MAD 10.861809
MDL 20.087894
MGA 4829.749592
MKD 61.71294
MMK 2451.094536
MNT 4173.425927
MOP 9.411544
MRU 46.811076
MUR 54.372797
MVR 18.046399
MWK 2027.61726
MXN 20.376157
MYR 4.652315
MZN 74.66162
NAD 19.389309
NGN 1604.981244
NIO 42.875475
NOK 11.135556
NPR 172.317656
NZD 2.002158
OMR 0.448851
PAB 1.166502
PEN 3.973232
PGK 5.030761
PHP 69.807505
PKR 325.679418
PLN 4.259573
PYG 7567.183116
QAR 4.256056
RON 5.094373
RSD 117.366009
RUB 90.677426
RWF 1704.856394
SAR 4.38042
SBD 9.395107
SCR 16.075073
SDG 701.552894
SEK 10.87382
SGD 1.4887
SLE 28.774319
SOS 667.144177
SRD 43.837117
STD 24160.962176
STN 25.027128
SVC 10.207664
SYP 129.050598
SZL 19.394842
THB 37.458547
TJS 11.088001
TMT 4.085585
TND 3.375853
TRY 52.051878
TTD 7.912123
TWD 37.12164
TZS 3040.842637
UAH 50.553616
UGX 4315.775844
USD 1.16731
UYU 47.390944
UZS 14276.202486
VES 553.791638
VND 30737.60942
VUV 139.534076
WST 3.232622
XAF 654.55241
XAG 0.015771
XAU 0.000247
XCD 3.154714
XCG 2.102442
XDR 0.815922
XOF 658.362819
XPF 119.331742
YER 278.491008
ZAR 19.223023
ZMK 10507.191311
ZMW 22.310221
ZWL 375.873374
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    0.1500

    22.29

    +0.67%

  • RELX

    0.5700

    33.93

    +1.68%

  • CMSD

    0.2100

    22.5

    +0.93%

  • BCC

    4.5200

    79.23

    +5.7%

  • GSK

    1.5300

    57.37

    +2.67%

  • RIO

    3.7900

    98.45

    +3.85%

  • NGG

    2.4400

    89.96

    +2.71%

  • BTI

    1.1500

    59.95

    +1.92%

  • BCE

    0.2900

    24.12

    +1.2%

  • RYCEF

    -0.5000

    15.25

    -3.28%

  • JRI

    0.1600

    12.85

    +1.25%

  • BP

    -1.3500

    45.89

    -2.94%

  • AZN

    3.4600

    204.27

    +1.69%

  • VOD

    0.4600

    15.77

    +2.92%

Uncertainty grows over when US budget showdown will end
Uncertainty grows over when US budget showdown will end / Photo: Brendan SMIALOWSKI - AFP

Uncertainty grows over when US budget showdown will end

A partial US government shutdown entered its third day on Monday amid growing uncertainty over Congress finding a path to quickly bring the 2026 budget deadlock to an end.

Text size:

Despite the apparent impasse, Mike Johnson, speaker of the Republican-controlled House of Representatives, is expressing optimism that an agreement is imminent.

"We'll get all this done by Tuesday; I'm convinced," Johnson said on Fox News Sunday.

He described a vote to be held in the House on Tuesday that would approve a Senate-backed deal to reopen the government as little more than a "formality."

The speaker has a razor-thin majority in the House, however, and cannot afford to lose more than one vote on the Republican side. His margin was reduced even further on Monday with the arrival of a Democrat who won a special election in Texas.

The funding lapse followed a breakdown in negotiations driven by Democratic anger over the killing of two protesters in Minneapolis by federal immigration agents, which derailed talks over new money for the Department of Homeland Security (DHS).

Late Friday, the Senate passed a package clearing five outstanding funding bills to cover most federal agencies through September, along with a two-week stopgap measure to keep DHS operating while lawmakers negotiate immigration enforcement policy.

Several members of the extreme right-wing of the Republican Party are refusing to reopen negotiations on DHS funding, however, and are threatening to vote against the Senate-backed package on Tuesday.

"Democrats are now playing politics," Chip Roy, a Republican lawmaker from Texas, told Fox News Sunday, accusing them of taking DHS funding "hostage."

- 'Good faith' -

Republican defections could force Johnson to rely on Democratic votes to advance the funding bill and end the shutdown.

"I will say that we need good faith on both sides," he said Sunday.

If the House approves the Senate deal, lawmakers would then have just two weeks to negotiate a full-year DHS funding bill.

Both parties acknowledge these talks will be politically fraught, as Democrats are demanding new guardrails on immigration enforcement and conservatives are pushing their own policy priorities.

"We need a robust path toward dramatic reform," Democratic House minority leader Hakeem Jeffries told ABC News on Sunday.

Democrats in the House want changes to the way DHS conducts its immigration sweeps -- with heavily armed, masked and unidentified agents who sometimes detain people without warrants -- before voting on the spending package.

President Donald Trump has publicly endorsed the Senate deal and urged both parties to support it, signaling his desire to avoid a second lengthy shutdown in his second term, following a record 43-day stoppage last summer.

Shutdowns temporarily freeze funding for non-essential federal operations, forcing agencies to halt services, place workers on unpaid leave or require them to work without pay.

U.Ammann--NZN