Thread: Donald Trump Announces Decision to Temporarily End Government Shutdown

He should have never started it to begin with, but he should have "caved" on the Sunday before Christmas.

Trump Announces 3-Week Stopgap Deal, Threatens 'National Emergency' If No Wall Funding


January 25, 2019

Tyler Durden


Update 3 (2:20 pm ET): Trump has announced a tentative deal to reopen the government for 3 weeks until Feb. 15.

• TRUMP: AS EVERYBODY KNOWS, I HAVE "VERY POWERFUL ALTERNATIVE"
• TRUMP SAYS HE WILL SIGN BILL TO OPEN GOVERNMENT FOR 3 WEEKS
• TRUMP SAYS HE WILL MAKE SURE WORKERS GET THEIR PAY QUICKLY
• TRUMP SAYS DEAL REACHED TO END SHUTDOWN
• TRUMP SAYS HE HAS POWERFUL ALTERNATIVE, HOPES WON'T BE NEEDED
• TRUMP EXPECTS HOMELAND SECURITY PACKAGE TO BE SIGNED SOON

Trump is leaving his options open to call a national emergency to build the wall if no deal is reached. He also said he would look at border technology including drones. Furthermore, the wall won't be a "medieval" wall but will be a "see-through steel" "smart wall" built in "preidentified strategic areas" with features like see-through visibility.


"If we don't get a fair deal from Congress, the government will either shut down on Feb. 15 again, or I will use the emergency powers...to address this emergency. We will have great security," Trump said.


Stocks are moving lower on the confirmation...
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Update 2 (1:08 pm ET): Five minutes after Trump was set to begin speaking, Press Secretary Sarah Sanders tweeted that the event has been pushed back to 1:30 pm ET.

Fox is reporting that the temporary bill will leave government open for three weeks, through Feb. 15. Though CNBC's Eamon Javers reported that the deal would extend funding through Feb. 28. If no deal is reached by then, a national emergency order to circumvent Congress and build the wall is expected. The Washington Postconfirmed this, and added that the stopgap won't include funding for a border wall. Mitch McConnell is reportedly planning to pass the stopgap bill on Friday, and a House aide confirmed that Congressional leaders have agreed to advance the bill. The deal reportedly includes "arrangements for negotiations on border security."


WSJ reported that the bill would extend funding for border security at current levels - that is, $1.3 billion, but not expressly for a wall. The deal that Trump is reportedly preparing to announce bears some similarities to the Democratic stopgap bill that was one of two measures that failed to pass in the Senate on Thursday (the Democratic measure got more votes than a proposal backed by Republicans).

One Democratic lawmaker told the NYT that Congress is staking its reputation on its ability to "come up with something successful" in three weeks which...well...

“What we have put on the table is our reputation as legislators, that given three weeks, we’ll come up with a successful conclusion on the border security issue,” said Senator Benjamin Cardin, Democrat of Maryland.

...we'll see how that works out.



* * *
Update (12:55 pm ET): As White House aides scramble to set up the Rose Garden, President Trump is expected to announce his support for a bill to temporarily reopen the government.

Much to the president's chagrin, stocks appear to be moving lower on news that the shutdown might be coming to an end. Of course, the end of the shutdown means a smaller hit to Q1 GDP, which means less chance of the Fed pausing QT.
* * *
At long last, the government shutdown, now in its 35th day, may finally be coming to an end.


According to the Drudge Report, President Trump is planning to announce that a deal has been reached to temporarily reopen the federal government during a hastily organized 1 pm press conference set to take place in the Rose Garden. The press conference was announced mere minutes before Drudge broke the news about the announcement, and follows a hint from Sen. Tim Kaine from earlier on Friday that a breakthrough might finally be imminent.


CBS and the Atlantic have confirmed that Trump is expected to endorse a short-term bill to reopen the government.

Reporters say the Rose Garden is being set up for a "full blown presidential announcement...complete with teleprompter."
Reports on Twitter stressed that the government would reopen "temporarily". The agreement comes after the FAA temporarily suspendedflights taking off for La Guardia Airport in NYC and 800,000 government workers missed their second paycheck.


USDJPY is rallying on the news now that several sources have confirmed, though the exact length of the measure isn't yet clear, though CBS said the temporary measure would open the government for "a few weeks." We have yet to see much of a reaction in stocks.







https://www.zerohedge.com/news/2019-...cement-set-1pm

Originally Posted by GeorgiaPeach

Trump Announces 3-Week Stopgap Deal, Threatens 'National Emergency' If No Wall Funding

Trump the IMPOSTER

Should have used your "very powerful alternative" back in October when the FIRST caravan hit!

And NO you did not stop caravan #1 or #2...those illegals are being bused along the border where they are pouring over by the hundreds!

They did not all stay in Tijuana...so quit lying to us.

WE SEE THE VIDEO'S

WE WANT THEM LOADED UP AND SENT HOME!