Key Point
- The Senate passed a bill to end the U.S. government shutdown.
- House Speaker Mike Johnson called for House members to travel to Washington, D.C., to vote as soon as possible on the deal.
- To end the shutdown, the House must pass the Senate bill, and then President Donald Trump must sign it into law.
The Senate on Monday night passed a bill to fund the federal government through January and end the longest shutdown in U.S. history a move being closely watched by investors analyzing its impact on forex trading, indices trading, and crypto investment trends amid renewed political stability.
The bill, which passed 60-40 with support from a handful of Democratic senators and nearly all Republicans, will now be sent to the House of Representatives.
If it passes the House, the bill will go to President Donald Trump for his signature. Trump earlier Monday said he supports the funding deal, which was negotiated between Republicans and a group of moderate Senate Democrats nearly six weeks after the shutdown began on Oct. 1.
House Speaker Mike Johnson told his Republican conference earlier Monday that he wanted GOP House members to begin traveling to Washington, D.C., for a vote on the deal.
House members were informed that votes on the measure could begin by 4 p.m. ET on Wednesday.
Before the Senate vote, Johnson refused to commit to the deal’s key guarantee to Democrats: that Congress will hold a separate vote in December on potentially extending enhanced Affordable Care Act subsidies. That vote would be on a bill of the Democrats’ choosing, according to the Senate agreement.
“I’m not committing to it or not committing to it,” Johnson, R-La., said on CNN.
Market and Policy Implications
The end of the government shutdown could help restore short-term investor confidence, with potential effects across indices trading and the crypto market, which often react sharply to U.S. fiscal disruptions. In recent weeks, uncertainty over the prolonged shutdown has weighed on risk sentiment, pushing traders toward safe-haven assets while prompting more speculative interest in crypto investment as an alternative hedge.
As political negotiations progressed, analysts noted that the dollar index steadied a trend that has influenced forex trading globally. Market participants are now eyeing how the funding extension through January may align with the broader fiscal policy outlook heading into 2026.
Background
Until Sunday night, when the Senate passed the first stage of the newly negotiated deal, Democratic senators had almost unanimously refused to vote to reopen the government because the original House Republican bill did not extend the ACA tax credits.
Senate Minority Leader Chuck Schumer, D-N.Y., sharply criticized the deal Sunday for not ensuring that the subsidies will survive into 2026, warning that many Americans could face higher insurance premiums without them.
The Senate agreement funds the government through the end of January, reverses all shutdown-related layoffs of federal employees, and guarantees that all federal workers will receive back pay for missed wages.
The deal also includes provisions for a bipartisan budget process and restricts the White House from relying on continuing resolutions (CRs) temporary funding measures often used to delay budget negotiations.
CRs, while useful for avoiding immediate shutdowns, are controversial because they sidestep long-term fiscal planning. Economists warn that overreliance on CRs could inject volatility into markets already balancing inflation, interest rate expectations, and emerging opportunities in sectors like crypto investment and indices trading.
The bill further ensures funding through September for the Supplemental Nutrition Assistance Program (SNAP), which supports 42 million Americans through food stamps. Under federal law, all furloughed government employees must be paid for their time off during the shutdown “at the earliest date possible, regardless of scheduled pay dates.”
With the Senate’s passage of this bill and the House expected to follow, the U.S. may soon end its longest shutdown a development that could stabilize both traditional markets and digital assets in the evolving crypto market ecosystem.
