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White House Economic Chief Expects U.S. Government Shutdown to End This Week

White House Economic Chief Expects U.S. Government Shutdown to End This Week

Kevin Hassett's optimistic remarks on CNBC spark a surge in predictions for the shutdown's resolution between October 23 and 26, according to Polymarket data.

Summary

Kevin Hassett, Director of the National Economic Council, suggested the U.S. government shutdown may end soon, with 36% of Polymarket participants predicting a resolution between October 23 and 26. His comments have spurred growing optimism, marking a shift from prior expectations of a prolonged closure.

Terms & Concepts
  • U.S. Government Shutdown: A temporary closure of non-essential federal government operations when Congress fails to pass appropriations or continuing resolutions.