The United States federal government is preparing for a shutdown, and the exercise will likely impact the Securities and Exchange Commission (SEC).
Noteworthy, the partial government shutdown was attributed to a lapse in appropriations.
The Threat of Federal Government Shutdown
President-elect Donald Trump rejected a bipartisan deal on federal spending. He then demanded that lawmakers address the nation’s debt ceiling before he takes office next month.
This Bipartisan bill would keep the government funded past the deadline of midnight on Friday.
However, Trump mentioned that there would be dire consequences for any Republican lawmaker who votes for the bipartisan deal.
Supporters will face primary challenges within their party in the midterm elections in 2026. Trump wrote on his Truth Social platform,
“Any Republican that would be so stupid as to do this should, and will, be Primaried.”
Since Trump voiced the threat, House of Representatives Speaker Mike Johns
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