According to BlockBeats, the U.S. government is on the brink of a shutdown as funding is set to expire on September 30, threatening the jobs of millions of federal employees. Congress must pass or extend a spending bill by October 1 to prevent this outcome. U.S. President Donald Trump is scheduled to meet with key congressional leaders on September 29, including Senate Minority Leader Schumer, House Minority Leader Jeffries, House Speaker Johnson, and Senate Majority Leader Thune.
Previously, a temporary spending bill aimed at averting a government shutdown failed to pass in the U.S. Senate. On September 26, President Trump remarked, "If the government has to shut down, then let it shut down." Deutsche Bank analyst Jim Reid noted that this could lead to the first government shutdown since the winter of 2018-19.