After a prolonged debate, the House of Representatives voted to pass a funding bill, which is now heading to President Trump for approval. The bill received 222 votes in favor and 209 against, officially ending the longest government shutdown in US history. Trump is expected to sign the bill Wednesday night.
Trump has indicated his intention to sign the bill, according to a statement obtained by Fox News Digital. The BBC reports that Trump plans to sign the bill during a private dinner at 9:45 pm local time. The bill will cover government expenses until the end of January next year, putting an end to the shutdown.
The funding bill faced opposition from both Democrats and Republicans, with Democrats pushing for more healthcare funding and Republicans focusing on reopening the government first. This has impacted the progress of crypto bills and left ETF applications pending at the SEC. However, bills like the market structure bill may gain more traction now.
The government shutdown has affected various legislative processes, including the advancement of crypto bills and ETF applications. With the funding bill set to be signed by President Trump, the government will soon reopen, allowing stalled bills to move forward and potentially gain more momentum.
Read more at Cointelegraph: The longest US Government Shutdown In History Is Set To End
