U.S. Senate Passes Bill to Avert Federal Government Shutdown

The Senate approved a funding bill covering most federal departments; however, with the House set to vote Feb. 2, a brief partial shutdown will occur starting Jan. 31.

Summary

On Jan. 30, the U.S. Senate passed a spending bill funding most federal departments, sending it to the House of Representatives. As the House will not reconvene until Feb. 2, a partial government shutdown is set to begin Jan. 31. Lawmakers aim for a swift vote Monday evening to minimize disruptions.

Terms & Concepts
  • Digital assets: Blockchain-based instruments such as cryptocurrencies and tokens, used for payments, trading, and investment.
  • Government shutdown: A halt of nonessential federal services when Congress does not pass funding legislation.