#Market_Update The U.S. Senate blocked a spending package, pushing the government closer to a partial shutdown as Democrats demand restrictions on immigration enforcement, particularly regarding ICE policies, following recent fatal shootings by federal agents in Minneapolis ¹ ² ³.
Some of the key points include:
- *Shutdown Deadline*: Funding expires January 30, and a partial shutdown could affect several agencies, including Defense, Education, and Health and Human Services.
- *Democratic Demands*: Democrats want reforms like body cameras for ICE agents, no masks, and stricter warrant rules.
- *Impact*: Hundreds of thousands of federal workers could be furloughed or work without pay; services like air traffic control and disaster relief might be disrupted.