Trump expected to sign bill to end partial US government shutdown
The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September.
Lawmakers in the US House of Representatives have approved a bill that will mostly reopen the government after a four-day partial shutdown.
In a Tuesday House vote of 217 to 214 in favor of the bill, the chamber approved a roughly $1.2 trillion package already passed by the Senate that will fund most of the US government through Sept. 30. The measure passed with some support from Democrats, many of whom were opposed to provisions in the bill over immigration enforcement policies.
US President Donald Trump is expected to sign the legislation and reopen the government, provided there are “no changes” to the Senate bill. The legislation provides the Department of Homeland Security with funding for only two weeks before lawmakers return to negotiate changes related to Immigration and Customs Enforcement (ICE) and the Border Patrol.
The four-day event, which only partially limited US government operations, fell far short of the 43-day shutdown in 2025, which likely delayed congressional efforts to pass digital asset market structure and other legislation. The price of Bitcoin rose by about 2% to $74,620 amid news of the funding bill passing the House.
The end of the shutdown would likely mean the release of a January jobs report from the US Bureau of Labor Statistics, initially expected to be made public on Friday. The report can potentially impact US macroeconomic policy and markets due to unemployment data.
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Senate still in discussions over market structure legislation
Last week, the Senate Agriculture Committee voted along partisan lines to pass a digital asset market structure bill expected to be one of the most significant pieces of legislation impacting the crypto and banking industries. None of the amendments proposed by Democratic lawmakers were added to the bill.
The Senate Banking Committee, which will handle the version of the bill dealing with the US Securities and Exchange Commission, postponed its markup after Coinbase CEO Brian Armstrong said he would not support the legislation as written. Reports have suggested that lawmakers continue to meet and discuss the bill, but as of Tuesday, the markup had not been rescheduled.
