Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Trump Signs Spending Bill, Ending Longest Shutdown in U.S. History

by Team Lumida
November 13, 2025
in Macro
Reading Time: 6 mins read
A A
0
Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence
Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key takeaways

Powered by lumidawealth.com

  • A 43-day U.S. government shutdown—the longest in U.S. history—has ended after the House passed the spending bill 222–209 and President Trump signed it late Wednesday.
  • Funding is extended through Jan. 30, with full-year budgets for Agriculture, military construction and the legislative branch.
  • The bill reverses federal layoffs carried out during the shutdown and prevents future cuts tied to political pressure.
  • Democrats failed to secure an extension of enhanced ACA subsidies, setting up another fight before year-end.
  • A group of Senate Democrats broke ranks to advance the deal, prompting internal party tensions.
  • GOP remained largely unified; Speaker Mike Johnson called the shutdown “pointless and foolish,” blaming Democrats.
  • The shutdown caused flight delays, halted economic data releases, disrupted food benefits and will ultimately cost taxpayers more, including back pay for furloughed workers.

    Shutdown Ends After 43 Days
  • The U.S. government has officially reopened after a record 43-day shutdown, following House passage of a spending measure and President Trump’s signature late Wednesday night. The House approved the package 222–209, with six Democrats joining Republicans and two GOP members defecting. The Senate had cleared the bill two days earlier.
  • The legislation funds the federal government through Jan. 30 and includes full-year appropriations for the Agriculture Department, military construction and the legislative branch.
  • Crucially, the bill mandates the reversal of federal layoffs executed during the shutdown and imposes a moratorium on similar future cuts—an attempt to blunt the political leverage used during this standoff.
  • Healthcare Fight Deferred, Not Resolved
  • The central dispute—whether to extend enhanced Affordable Care Act subsidies—remains unresolved. Democrats insisted on renewing the subsidies, which support more than 20 million Americans, but conceded after weeks of stalemate.
  • Republican leaders maintained they would not negotiate while the government remained closed. In exchange for reopening, Senate GOP leadership agreed only to hold a vote on ACA subsidies by mid-December.
  • House Minority Leader Hakeem Jeffries reaffirmed Democrats would continue pressing to extend the enhanced credits for three years, accusing Republicans of following Trump’s direction.
  • How the Deal Came Together
  • The breakthrough came when eight Senate Democrats broke with the party and advanced the package amid growing concerns over delayed flights, suspended food benefits and deepening strain on low-income households.
  • House Speaker Mike Johnson recalled lawmakers to Washington and condemned the shutdown as “utterly pointless and foolish,” arguing that Democrats “played games with people’s lives.”
  • Despite tensions, Republicans remained largely united. The House Freedom Caucus endorsed the agreement, calling it a win for conservative leadership. A controversial clause enabling senators to seek damages for improper seizure of phone records drew bipartisan criticism but wasn’t enough to derail the vote.
  • Economic and Operational Damage
  • The shutdown had wide-reaching effects:
  • Air travel: Significant delays and cancellations as FAA staffing dwindled.
  • Federal workforce: Hundreds of thousands furloughed; others worked without pay.
  • Economic data blackout: Key inflation and labor reports were halted.
  • Social programs: Food aid disruptions and SNAP payment risks intensified.
  • Public services: National parks, museums and the IRS reduced or halted operations.
  • Historical precedent shows shutdowns cost taxpayers more money. A 2019 bipartisan Senate report found over $300 million wasted on administrative backlog, late fees and lost revenue. All furloughed workers will now receive full back pay.
  • Economists estimate the latest shutdown left a modest but real dent in economic momentum. EY-Parthenon’s chief economist Gregory Daco noted it was “an irritant more than a shock—but that irritant was growing by the day.”
  • Political Implications
  • Democrats’ inability to secure healthcare concessions despite recent electoral wins rekindled internal debates over strategy and revived criticism of Senate Minority Leader Chuck Schumer.
  • Meanwhile, Trump used the signing ceremony to urge GOP senators to abolish the filibuster, calling the shutdown fight a demonstration that Republicans “will never give in to extortion.”
  • The next round of negotiations—centered around ACA subsidies—now looms large ahead of the Jan. 30 funding deadline.

Source
Previous Post

Endeavour Mining Earnings Surge on Higher Gold Prices

Next Post

How a Chinese AI Company Accessed Nvidia’s Top Chips Through an Indonesian Data Center

Recommended For You

Trump’s Venezuela Oil Grab Is No Quick Fix for Gas Prices — SPR Refill Plan Built on Uncertain Timeline

by Team Lumida
3 days ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

The Trump administration's Venezuela oil deal is explicitly linked to refilling the Strategic Petroleum Reserve — Energy Secretary Wright couldn't get Congress to fund SPR replenishment, so Venezuela's...

Read more

Yen Rallies 1.1% to 157 as Silver Week Intervention Risk and Outsized BOJ Hike Speculation Roil Traders

by Team Lumida
3 days ago
Japan’s GPIF Falls Behind Norway Amid Currency Woes

The yen reversed a month of decline with a 1.1% gain to 157.01 on Thursday as traders price in three converging risks: a repeat intervention during Japan's Silver...

Read more

US-China G20 Breakdown Came Down to One Word — “Non-Market” — as Bessent Cites BYD Subsidies and Xi Summit Looms

by Team Lumida
3 days ago
a building with a large sign in front of it

The G-20 finance ministers' failure to issue a joint communique in Asheville turned on a single phrase: "non-market policies and practices." China saw it as a veiled attack...

Read more

US and Iran Exchange Fire in Escalating Battle for Strait of Hormuz Control

by Team Lumida
4 days ago
The Iran War’s Invisible Casualty: A Helium Crisis That Could Cripple AI Chips and MRI Scanners

US and Iranian forces exchanged direct strikes Tuesday, September 1, as both sides intensify their contest for the Strait of Hormuz. Trump confirmed US attacks were retaliatory —...

Read more

Bond Markets Issue G-20 Leaders a Failing Grade — Deficits, Inflation, and Two Wars Overwhelm the Summit

by Team Lumida
4 days ago
a building with a large sign in front of it

WSJ columnist Greg Ip frames the Asheville G-20 summit as a verdict from bond markets: world leaders failed to address surging deficits, persistent inflation, or the geopolitical shocks...

Read more

Wright Lands in Caracas With Dozen-Plus Oil Deals — Venezuela Output Could Double, But Not Before the Midterms

by Team Lumida
4 days ago
Oil Prices Surge: What Falling US Crude Stocks Mean for Your Investments

US Energy Secretary Chris Wright arrived in Caracas Tuesday night and said deals to be announced Wednesday will lead to "more than doubling" of Venezuelan oil production. Chevron...

Read more

US and Iran Exchange Strikes for First Time in a Month — Brent Crude Surges Above $90

by Team Lumida
6 days ago
Iran Tightens Its Grip on Hormuz Despite the Ceasefire — Charging Tolls and Limiting Traffic

The US struck Iranian rocket launchers preparing to mine the Strait of Hormuz; Iran retaliated with missiles and drones against US air bases in Jordan. Jordan intercepted all...

Read more

Warsh at Jackson Hole: Made the Case for Higher Rates, Raised the Bar for Holding — Setting Up the Fed’s Biggest Test in Years

by Team Lumida
6 days ago
Senate Confirms Kevin Warsh as Fed Chair in Closest Vote Ever

Fed Chair Kevin Warsh's Jackson Hole speech quieted concerns about the Fed's inflation-fighting direction while setting up a high-stakes September 16 decision. If the Fed hikes, it risks...

Read more

Trump Renames Lake Ontario “Lake America” — Canada Responds: “It’s Lake Ontario, Then, Now and Always”

by Team Lumida
1 week ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

President Trump signed a directive renaming Lake Ontario to Lake America, giving the Interior Department 30 days to update federal databases. PM Carney fired back that the name...

Read more

Iran Signals Openness to US Diplomacy After Qatar Talks, But Warns Pressure “Doesn’t Work”

by Team Lumida
1 week ago
us a flag on pole under cloudy sky

Iranian Foreign Minister Araghchi said resuming diplomatic contact with the US "isn't impossible" after recent talks in Qatar, while insisting Washington must build trust by upholding past commitments....

Read more
Next Post
China’s AI Startups Challenge Global Leaders Amid U.S. Trade Curbs

How a Chinese AI Company Accessed Nvidia’s Top Chips Through an Indonesian Data Center

Google’s Bold AI Bet: Transforming Healthcare After Costly Missteps

Google Faces New EU Probe Over Alleged Abuse of News Search Results

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

person holding iPhone taking picture on Nike label

Nike’s Aggressive Holiday Discounting Signals Major Strategy Shift Under New CEO

December 19, 2024
Blackstone Explores Stand-Alone Private Credit Secondaries Fund Amid Market Growth

Blackstone and Legal & General Forge Up to $20 Billion Private Credit Partnership

July 10, 2025
Coinbase Pushes Beyond Crypto With Prediction Markets and Stocks

Coinbase Moves to Control Prediction-Market Infrastructure With Clearinghouse Acquisition

December 23, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto data centers Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Intel Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018