Boehner resignation cuts U.S. government shutdown risk

by Blog Burger on September 27, 2015

The New York Stock Exchange is pictured in the Manhattan borough of New YorkThe shock resignation of U.S. House Speaker John Boehner on Friday reduces the chances of a government shutdown next week, potentially removing one source of investor anxiety as Wall Street gears up for a week heavy with economic data and commentary by Federal Reserve policymakers. This was seen as a sign that Boehner would advance a bill to fund the government without any complicating factors that would result in a White House veto. "This significantly reduces the probability of a government shutdown next week," Goldman Sachs economists said in a note to clients on Friday.



Business News Headlines – Yahoo! News

Comments on this entry are closed.

Previous post:

Next post: