In a dramatic turn of events, the U.S. House of Representatives has voted against the Trump-backed plan to avert a government shutdown. This proposal, which aimed to prevent the shutdown by proposing significant cuts to federal spending, failed to gather enough support, leaving lawmakers in a scramble for alternative solutions as the deadline draws near.

President Trump had urged Republican lawmakers to back this plan, which would have included substantial cuts in exchange for a temporary halt to the shutdown threat. However, the proposal faced stiff opposition from both Democrats and moderate Republicans who were concerned about the long-term impact on government services and federal workers. The rejection of this plan has intensified pressure on Congress to find common ground and avoid the negative economic and political fallout of a shutdown.

With no clear resolution in sight, lawmakers are now racing against the clock to negotiate a spending deal. The rejection of the Trump-backed plan signals the deep divisions within the Republican Party and underscores the challenges ahead for both parties as they seek to address broader issues such as government funding, immigration, and fiscal policy. As the deadline nears, uncertainty remains over which direction Congress will take. The political landscape is becoming more complex, with the possibility of further political maneuvering as both parties work to avoid the economic repercussions of a shutdown.

This situation underscores the challenges faced by lawmakers in balancing immediate political needs with long-term implications for the country. The rejection of the Trump-backed plan is a reminder of the ongoing tensions within the Republican Party and the difficulty of achieving consensus in a deeply polarized Congress. As the countdown to the shutdown continues, the nation is left watching closely to see what steps will be taken next to prevent this crisis.
#BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall #BinanceAlphaAlert

#news_update
Last night was *wild* for the crypto world. Non-stop news from the FED caused massive panic, and many traders lost their accounts, especially those who went long with high leverage and no stop losses. Over $300 million in leveraged orders were liquidated in just the last hour! 😱

Here’s the key news from the FED:
- **Jerome Powell** stated the FED is *not allowed* to hold Bitcoin and that any decision for the U.S. government to do so lies with Congress. No plans for Bitcoin from the FED.
- The FED will continue reducing public bonds and tightening the money supply, despite lowering interest rates.
- Powell forecasts 2025 will be a great economic year, and we’ve avoided a recession.

The market panicked last night, and altcoins are in the red. Those holding crypto woke up to sad accounts this morning. 😞 But the real pain hit those who used leverage—if you didn’t cut your losses, you might’ve lost it all! ⚠️

But hey, those of you holding $ (cash) are probably just sipping water, grinning, watching the chaos unfold: “The market’s crashing? Eh, I still have money.” 😎💵

**Bright spot:** Powell’s optimistic outlook for 2025 + Trump’s potential presidency, a strong BTC supporter, could set the stage for massive crypto growth. 🌟

2025 may be the year of economic recovery, with the “Trump effect” pushing the crypto market to new heights. So, for those who believe: today’s bottom could be tomorrow’s top! 💪 Your patience will pay off. 📈

This market rewards those who believe in the future! Get ready for the waves ahead 🌊🚀

#Crypto2025 to2025 #PatiencePays #MarketRecovery