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The Lynas refinery in Malaysia, its first outside China producing minerals that are crucial to high-tech manufacturing, has been operating in central Pahang state since 2012. Lynas's operating license was extended by six months until Dec. 31. To again renew its license, Lynas must move its cracking and leaching processes — which produce the radioactive waste from Australian ore — out of Malaysia. Key variables include include the operating license conditions in Malaysia and the start-up and commissioning process in Kalgoorlie,” it said. It is one of Asia’s largest radioactive waste cleanup sites.

Persons: Lynas Organizations: Malaysian, Malaysia —, Japan’s Mitsubishi Group, — Locations: KUALA LUMPUR, Malaysia, China, Pahang, Kalgoorlie, Australia, ”, Perak

☆ Student-loan borrowers in Minnesota are getting over $17,000 in refunds after paying a company that 'falsely promised' debt relief, the state attorney general says
▼ + stars: | 2023-10-13 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Student-loan borrowers in Minnesota are getting over $17,000 in refunds through a recent settlement. The attorney general accused a company, Docupros, of pocketing illegal fees over the false promise of debt relief. It's one of the 52 companies Minnesota is investigating over potentially fraudulent behavior with borrowers. AdvertisementAdvertisementAnother day, another settlement for student-loan borrowers. Along with Ellison's efforts, government agencies have been scrutinizing companies that are misleading borrowers into unnecessarily paying for debt relief services.

Persons: —, Keith Ellison, Docupros, Ellison Organizations: Service, Minnesota, Federal Trade Commission, Justice Department, Consumer Financial Protection Bureau, Education Department Locations: Minnesota, California

Leaders dropped $6 billion in Ukraine aid from the temporary funding measure passed Saturday as they focused on passing it quickly, just hours before the government would have shut down. Supporters of Ukraine aid — including Ukrainian President Volodymyr Zelenskyy, who visited the Capitol to plead for the money in person just two weeks ago — say it’s essential that additional funding is included. He said he would address Ukraine aid soon. But any dealmaking is on hold as House Republicans try to find a new leader. Jordan has made clear his opposition to additional Ukraine aid and reiterated it Wednesday.

Persons: Kevin McCarthy, McCarthy, Volodymyr Zelenskyy, Joe Biden, “, ” Biden, ”, Democratic Sen, Chris Murphy, ” Sen, Joe Manchin, Republicans “, Manchin, Biden, Lindsey Graham, Jim Jordan, Steve Scalise, Kevin Hern, Jordan, ” Jordan, Hern, Scalise, Kelly Armstrong, ” Armstrong, Adam Smith, Michael McCaul, McCaul, “ It’s, ” McCaul, Stephen Groves, Josh Boak, videojournalists Dan Huff, Nathan Ellgren Organizations: WASHINGTON, Republicans, Russia, Capitol, House Democrats, Ukraine, Senate, Democrats, Democratic, ”, Oklahoma Rep, Republican, House Armed Services Committee, Foreign, Associated Press Locations: Ukraine, “, Connecticut, United States, Russia, U.S, Ohio, Jordan, Washington, Texas

WASHINGTON (AP) — Lawmakers who had been sitting in stunned silence gasped at the declaration: The office of speaker “is hereby declared vacant. ”For the first time ever, a House speaker had been voted out of the position, plunging Congress into a new degree of turmoil. “Chaos is Speaker McCarthy,” Gaetz said on the floor, suggesting a series of reforms could make Washington work better. “Shocking … just the finality of it," said Rep. Michael McCaul, a Texas Republican who chairs the House Foreign Relations Committee. Republicans will try to coalesce around a new leader after McCarthy ruled out another bid to become speaker.

Persons: gasped, “, Kevin McCarthy, Brian Fitzpatrick, McCarthy, ” McCarthy, Donald Trump, Hakeem Jeffries, “ Kevin McCarthy, ”, Jamie Raskin, Matt Gaetz, ” Gaetz, Republicans —, —, Patrick McHenry of, Michael McCaul, Republicans seething, Abraham Lincoln, Teddy Roosevelt, Democrats —, Mary Claire Jalonick, Farnoush Amiri, Lisa Mascaro, Kevin Freking Organizations: WASHINGTON, — Lawmakers, California Republican, Lawmakers, Republican Party, Republicans, ”, Pennsylvania Republican, Capitol, Democratic, Republican, Texas Republican, Foreign Relations, —, Democrats, Associated Press Locations: California, United States, Washington, Pennsylvania, “ Ukraine, Russia, Maryland, Patrick McHenry of North Carolina, Texas, Gaetz

☆ Trump taunts GOP rivals as legal clouds loom
▼ + stars: | 2023-10-01 | by ( Daniel Strauss | ) edition.cnn.com time to read: +6 min

But without any obvious threat to his dominance of the GOP field, Trump is embracing brash tactics such as belittling his opponents and fundraising off of his possible court appearances. In the latest update to the CNN Poll of Polls on the race, from before the second GOP debate, Trump holds an average of 58% support, Florida Gov. Trump wants to be in her head,” he said, alluding to Haley. This goes back so long ago and it’s just Trump being Trump.”What’s different this year is the bevy of indictments and serious legal woes threatening Trump. In the first six months of 2023, Trump’s joint fundraising committee took in more than $53 million.

Persons: Donald Trump, Nikki Haley, “ Birdbrain, ”, Haley, birdseed, Trump, He’s, Ron DeSantis, hasn’t, ” Trump, MAGA, ” Trump’s, harken, Sen, Marco Rubio’s, “, It’s, Scott Howell, Vivek, Ramaswamy’s, Tim Scott’s, ” Howell, Hands Rubio, ’, Rubio, Little Marco, Howell, Joe Biden, Sleepy Joe, Massachusetts Sen, Elizabeth Warren “ Pocahontas, Trump’s Organizations: CNN, Republican, South Carolina Gov, Trump, GOP, Florida Gov, Florida Republican, Florida, Sunday, Left Democrats, ” Locations: Iowa, New York, Florida, dinging, Ottumwa, Massachusetts, Manhattan, State

☆ A government shutdown won't stop the student-loan payment restart — but an extended one could jeopardize resources for borrowers who need help
▼ + stars: | 2023-09-29 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

A shutdown would occur the same day student-loan payments resume. The Education Department said resources for borrowers will be available the first few weeks of a shutdown. AdvertisementAdvertisementPresident Joe Biden's Education Department is clear: government shutdown or not, student-loan payment are resuming on October 1. A shutdown could also happen at a critical time for millions of student-loan borrowers. However, amid calls from some Democratic lawmakers and advocates to pause payments in the event of a shutdown, the Education Department confirmed payments are still set to resume.

Persons: doesn't, —, Joe Biden's, Biden, servicers, Ayanna Pressley Organizations: Education Department, Service, Joe Biden's Education, Conservative, Democratic, Republicans, Federal, Aid, Management, Education

☆ The U.S. is nearing a government shutdown. What that means for stocks and how we're playing it
▼ + stars: | 2023-09-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

The U.S. is just days from a federal government shutdown at 12:01 a.m. Goldman Sachs put the chances of a shutdown at 90%, saying it could last around two to three weeks. "In the seemingly unlikely event Congress passes a short-term extension, we would still expect a shutdown sometime later in Q4," which begins on Monday. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Morgan Stanley, Raymond James, Ed Mills, Jim Cramer, Jerome Powell, What's, Moody's, It's, Goldman Sachs, we've, Jim Cramer's, Jim, Brendan SMIALOWSKI, BRENDAN SMIALOWSKI, Brendan Smialowski Organizations: Capitol, United Auto Workers, General Motors, Chrysler, Ford, Reserve, Fed, Social Security, AAA, Jim Cramer's Charitable, CNBC, Republican, Getty, Afp Locations: Central, U.S, Washington ,, AFP

U.S. President Joe Biden speaks during a meeting with the President's Council of Advisors on Science and Technology (PCAST) in San Francisco, California, U.S., September 27, 2023. Separately, they also allege the Justice Department interfered with a tax investigation of Hunter Biden. House Republicans have said they plan to seek personal and business bank records for Hunter Biden and James Biden, the president's brother. A prolonged shutdown could slow the impeachment inquiry as fewer administration officials would be available to respond to information requests. White House spokesman Ian Sams said House Republicans were prioritizing "conspiracy theories" over keeping the government open.

Persons: Joe Biden, Evelyn Hockstein, Hunter Biden, James Comer, Biden, Barack Obama's, Republican Donald Trump, Burisma, Petro Poroshenko, James Biden, Hunter, Joe Biden's, Ian Sams, Trump, Makini Brice, Andy Sullivan, Alistair Bell Organizations: President's, Advisors, Science, Technology, REUTERS, Rights, Republican, House, Democratic, U.S . Justice Department, Republicans, Senate, Fox News Channel, Former, Thomson Locations: San Francisco , California, U.S, Ukraine, Delaware

☆ Capitol Hill staffers could lose up to $833 in student-loan repayment benefits while their congressional bosses still get paid if the government shuts down
▼ + stars: | 2023-09-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Hill staffers will not receive student-loan repayment assistance during a shutdown. AdvertisementAdvertisementA federal government shutdown is imminent — and it could mean thousands of federal workers lose student-loan repayment assistance. That includes the Student Loan Repayment Program for Hill staffers, which gives each employee up to $833 in repayment benefits each month. AdvertisementAdvertisement"When the lapse in funding is resolved, Student Loan payments will resume and be disbursed for any applicable periods staff had active Student Loan agreements," it added. "Employees may want to contact their Student Loan Servicer to discuss options available if there is a financial hardship in making required payments due."

Persons: Hill, —, Kevin McCarthy, McCarthy, Joe Biden, Biden Organizations: Service, Administration, Capitol Hill, Hill, House, Employees, Education Department, Student Aid

☆ Will a government shutdown hurt your investments? 'The headline answer is no,' says analyst
▼ + stars: | 2023-09-27 | by ( Ryan Ermey | ) www.cnbc.com time to read: 1 min

Lawmakers on Capitol Hill remain in a virtual stalemate over a budget resolution that would keep the government funded for the remainder of the fiscal year. If that comes to pass, all "nonessential" government business will come to a halt, with some 4 million federal employees forgoing pay until the shutdown ends. "Sure, sure, but let's get to the important stuff," investors among you may be saying. "Is a shutdown likely to have a negative impact on my portfolio?" "The headline answer is no," says Ross Mayfield, an investment strategy analyst at Baird.

Persons: let's, Ross Mayfield, Baird Organizations: Capitol, Social Security, Veterans Affairs Locations: U.S

☆ It is 'abundantly clear' student-loan payments should not resume next week if the government shuts down, Ayanna Pressley says
▼ + stars: | 2023-09-27 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

That's the same day student-loan payments are set to resume. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementRep. Ayanna Pressley does not want student-loan borrowers to worry about repayment and a government shutdown at the same time. With that deadline just days away, that prospect is looking increasingly likely — and it would also fall the same day federal student-loan borrowers could start facing monthly bills again after an over three-year pause. Pressley said in a Wednesday statement that President Joe Biden should pause student-loan payments and interest accrual if a shutdown does happen, and that "it is abundantly clear that student loan payments should not resume October 1."

Persons: Pressley, —, Ayanna Pressley, Joe Biden, servicers, Biden's, Biden, Education James Kvaal Organizations: Service, Education, The Education Department, Republican, Education Department

Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. Target, which has nearly 2,000 stores in the U.S., has been outspoken about organized retail crime at its stores. When the company reported fiscal second-quarter earnings in mid-May, CEO Brian Cornell said organized retail crime had shot up at its stores. When asked if the company plans to close stores because of rising shrink, Cornell stressed Target's reluctance to shutter locations. Since 2022, at least nine states — six so far this year — have passed similar laws to impose harsher penalties for organized retail crime offenses.

Persons: Brian Cornell, Cornell, We'll, we'll Organizations: Coordination, CNBC Locations: New York, Harlem, Seattle, San Francisco, Oakland, Portland , Oregon, U.S

☆ Here's what will happen to Social Security payments and SNAP if the government shuts down
▼ + stars: | 2023-09-26 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

A shutdown could risk Social Security payments and SNAP benefits. But with House Republicans in disarray , that seems unlikely to happen before the weekend deadline. But even if the Senate agrees on that measure, House Republicans continue to be at odds. Speaker of the House Kevin McCarthy told Punchbowl News on Tuesday that he wouldn't engage in "hypotheticals" when it comes to a clean Senate funding bill. AdvertisementAdvertisementStill, the Biden administration is continuing to place the blame on House Republicans for bringing the US to the brink of a government shutdown once again.

Persons: —, Nancy Altman, Biden, Tom Vilsack, Vilsack, that's, Chuck Schumer, Mitch McConnell, Kevin McCarthy, Jeff Stein, McCarthy, Gofyc437z6 —, I'm Organizations: SNAP, Service, Republicans, Social, Social Security, CNN, Women, Assistance, WIC, USDA, Management, Budget, Punchbowl News, Conservative, Washington, Representatives Locations: America

☆ Target to close 9 stores across 4 states, citing retail crime. See the full list.
▼ + stars: | 2023-09-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Target will close nine stores in New York, Seattle, Portland, and the Bay Area due to crime. CEO Brian Cornell previously said retail theft is driving $1.2 billion in missing inventory this year. AdvertisementAdvertisementTarget will close nine locations in four metro areas as a result of "unsustainable" levels of organized retail crime, the company said Tuesday. AdvertisementAdvertisementCornell also said theft incidents at Target stores with "violence or threats of violence" have more than doubled since January. Employees at the affected stores will be offered positions at other Target locations, the statement said.

Persons: Brian Cornell, —, Cornell Organizations: Service, San Francisco Bay Area, Broadway, Portland Washington Locations: New York, Seattle, Portland, San Francisco Bay, Folsom, San Francisco, California, Folsom St, Oakland, Pittsburg, York, Harlem , New York City Oregon, Morrison St, Powell, Halsey St, Market St, Ste

☆ UAW President Fain to join President Biden on the picket line Tuesday in Michigan
▼ + stars: | 2023-09-25 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +1 min

CNN —United Auto Workers union President Shawn Fain will join President Joe Biden on the picket line Tuesday in Wayne County, Michigan, according to a source familiar with the situation. Trump will skip the second Republican presidential primary debate in California Wednesday and is expected to also head to Michigan to address union workers. Negotiations between the striking UAW and Ford remained very active over the weekend and on Monday, but there is still distance on some key issues. There has not been the same movement and seriousness of progress with both General Motors and Stellantis, the source added. Fain said Friday “all parts distributions centers at General Motors and Stellantis will be on strike.

Persons: Shawn Fain, Joe Biden, Donald Trump’s, Fain, ” Organizations: CNN — United Auto Workers, UAW, Trump, Republican, United Auto Workers, General Motors, Ford, Big Three, GM Locations: Wayne County , Michigan, California, Michigan

☆ CNBC Daily Open: Summer of discontent
▼ + stars: | 2023-09-25 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

UAW President Shawn Fain marches with UAW members through downtown Detroit after a rally in support of United Auto Workers members as they strike the Big Three auto makers on September 15, 2023 in Detroit, Michigan. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The S&P 500 has fallen 4.2% this month, on pace for its second straight losing month and its worst month since December. CNBC screened FactSet data to examine what equities traders are betting on, or fleeing, as macroeconomic uncertainty continues.

Persons: Shawn Fain, Stocks, Goldman Sachs — Organizations: UAW, United Auto Workers, CNBC, Nasty, Federal Reserve, Dow Jones, Nasdaq, House Republicans, Thursday, Soviet, Economic Union, P500 Locations: Detroit, Detroit , Michigan, U.S, Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moscow

☆ CNBC Daily Open: Summer discontent is spilling into the fall
▼ + stars: | 2023-09-25 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

UAW President Shawn Fain marches with UAW members through downtown Detroit after a rally in support of United Auto Workers members as they strike the Big Three auto makers on September 15, 2023 in Detroit, Michigan. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. This has turned market attention to how long rates will be held at current levels, amid strains on economic growth. CNBC screened FactSet data to examine what equities traders are betting on, or fleeing, as macroeconomic uncertainty continues.

Persons: Shawn Fain, Evergrande, Will Organizations: UAW, United Auto Workers, CNBC, Nasty, Nikkei, House Republicans, Thursday, Soviet, Economic Union, P500, Federal Reserve Locations: Detroit, Detroit , Michigan, Japan, Asia, Pacific, U.S, Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moscow

☆ The Fed will definitely be done tightening if there's a government shutdown, top Morgan Stanley economist says
▼ + stars: | 2023-09-25 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

The Federal Reserve could be about to call time on its rate-hiking campaign, according to Morgan Stanley's top economist. That's because a government shutdown could rob the central bank of key economic data. "In monetary policy making, uncertainty tends to lead to policy paralysis," she told Bloomberg's "What Goes Up" podcast. "If it's a full government shutdown, then you don't really get any of the government data," Zentner added. Around 40% of traders expect the central bank to hike borrowing costs again before the end of this year, according to CME Group's Fedwatch tool.

Persons: Morgan Stanley's, ” Ellen Zentner, Ellen Zentner, Bloomberg's, Zentner Organizations: Federal, Service, Federal Reserve, Fed Locations: Wall, Silicon, Washington

☆ Congress remains divided on budget negotiations as government shutdown looms: “Our financial ship is sinking”
▼ + stars: | 2023-09-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

U.S. House Speaker Kevin McCarthy (R-CA) speaks with reporters as he arrives for the day at the U.S. Capitol in Washington, U.S. September 18, 2023. House Republicans on Thursday sent the chamber into recess, delaying further developments in the negotiations. "I don't know what to think," said Senate Majority Whip Dick Durbin Sunday on CNN's "State of the Union." "All we're focused on is keeping the lights on," New Jersey Democratic Rep. Josh Gottheimer said Sunday on CNN's "State of the Union." This has to be avoided," U.S. Transportation Secretary Pete Buttigieg said Sunday on CNN's "State of the Union."

Persons: Kevin McCarthy, Dick Durbin, Durbin, McCarthy, Tim Burchett, I've, Trump, haven't, they're, Josh Gottheimer, Gottheimer, Brian Fitzpatrick, Tennessee's Burchett, Burchett, Pete Buttigieg Organizations: U.S, Capitol, Lawmakers, House Republicans, Thursday, Republican, GOP, Republican Congress, Tennessee GOP, Republicans, New Jersey Democratic, Democratic, Investors, U.S . Transportation Locations: Washington , U.S, U.S, California, Washington, Pennsylvania

☆ U.A.W. Widens Strikes at G.M. and Stellantis, but Cites Progress in Ford Talks
▼ + stars: | 2023-09-22 | by ( Neal E. Boudette | More About Neal E. Boudette | ) www.nytimes.com time to read: +1 min

The United Automobile Workers union on Friday significantly raised the pressure on General Motors and Stellantis, the parent of Jeep and Ram, by expanding its strike against the companies to include all the spare parts distribution centers of the two companies. Shawn Fain, the union’s president, said Friday that workers at 38 distribution centers, which provide parts to dealerships for repairs, at the two companies would walk off the job at noon. He said talks with two companies had not progressed significantly, contrasting them with Ford Motor, which he said had done more to meet the union’s demands. “We will shut down parts distribution centers until those two companies come to their senses and come to the bargaining table,” Mr. Fain said. distribution centers that employ a total of 3,475 workers, and 20 Stellantis centers with 2,150 U.A.W.

Persons: Shawn Fain, “, Mr, Fain Organizations: United Automobile Workers, General Motors, Jeep, Ford Motor

New York CNN —The United Auto Workers union is expanding its strike against GM and Stellantis but said that progress in negotiations with Ford means it won’t expand the number of Ford workers on the picket lines. “At noon Eastern today, all parts distributions centers at General Motors and Stellantis will be on strike,” he said. Still the announcement of progress at Ford raised hopes that the strike, at least at there, could be brought to a relatively quick end. But the UAW’s expanded strike is now targeting the parts distribution centers for GM and Stellantis. As of 10:30 am ET, Stellantis (STLA) is up 0.98%; Ford (F) is up 3.57%; and GM (GM) is up 0.7%.

Persons: Shawn Fain, ”, “, Fain, “ Ford, ” Ford, Ford, Bill Pugliano, ” Shawn Fain, Tesla Organizations: New, New York CNN, United Auto Workers, GM, Ford, UAW, General Motors, Ford Michigan Assembly Plant, Stellantis, Jeep, Dodge, Chrysler, Big, Facebook, UAW International Union Locations: New York, Wayne , Michigan, Wentzville , Missouri, Toledo –, North America, Virginia, California, America, Auburn Hills , Michigan

☆ Leaked UAW messages detail 'chaos' strategy
▼ + stars: | 2023-09-22 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

New York CNN —The United Auto Workers Union is prepared to strike automakers for “months,” according to leaked messages obtained by CNN. One advantage for the union of a targeted strike is the potential to save resources and extend a possible strike. The union members who are on strike are eligible for $500 a week in strike benefits from the union’s strike fund. With targeted strikes, it’s possible that the companies will shut down operations and lay off members who are not technically on strike. John Hatline, who has worked at General Motors for 49 years and has seen his fair share of strikes, told CNN before the strikes began that he thought targeted strikes can work.

Persons: Jonah Furman, Furman, they’re, Shawn Fain, Fain, ”, “, John Hatline, Hatline, ” “, Mark Truby Organizations: New, New York CNN, United Auto Workers Union, CNN, Communications, Big, UAW, Detroit Free Press, UAW Communications, General Motors, ”, Motors, Ford, Genal Motors Locations: New York, Detroit

☆ Trump, who led the longest government shutdown in US history, calls on Republicans to let it happen again in 9 days so they can 'defund these political prosecutions against me'
▼ + stars: | 2023-09-21 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Trump called on Republicans to let that happen if it means refusing to cave on spending cuts. Former President Donald Trump, who led a 35-day shutdown in 2019, is suggesting Republicans should let it happen again. On Wednesday night, Trump took to his social media site Truth Social to offer advice to Republican lawmakers. Trump, who was responsible for the longest government shutdown in US history, urged Republicans to make the most of the "very important deadline" to keep the government funded. "This is also the last chance to defund these political prosecutions against me and other Patriots.

Persons: Trump, Kevin McCarthy, GOP holdouts, Donald Trump, Joe, McCarthy, Matt Gaetz, Gaetz, Chuck Schumer Organizations: GOP, Service, Trump, Republicans, Government, Patriots, Capitol, CNN, furloughed, Social Security, SNAP Locations: Wall, Silicon

☆ A Democratic representative just introduced the 'My Constituents Cannot Afford Rebellious Tantrums, Handle Your Shutdown Act' to halt congressional pay during a government shutdown
▼ + stars: | 2023-09-21 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

If members of Congress don't come to an agreement in 9 days, the government will shut down. A Democratic member of Congress just introduced a bill withholding their pay during a shutdown. On Wednesday afternoon, Craig announced that she had formally introduced the "My Constituents Cannot Afford Rebellious Tantrums, Handle Your Shutdown Act," also known as the "MCCARTHY Shutdown Act," with the expressed desire to halt members' pay for as long as the government remains shut down. If it ultimately passes, members of Congress will receive the full amount that was deducted from their paychecks at the end of the congressional session. Inter-group fighting between GOP members in the House has prevented House Speaker Kevin McCarthy from actually bringing a funding bill to the floor.

Persons: Kevin McCarthy, Angie Craig, Craig, MCCARTHY, Donald Trump Organizations: Democratic, Service, Inter, GOP, Republican Party, House Republicans, Patriots Locations: Wall, Silicon

☆ What could happen if the government shuts down
▼ + stars: | 2023-09-21 | by ( Clare Foran | ) edition.cnn.com time to read: +6 min

Congressional leaders on both sides of the aisle are hoping to pass a short-term funding extension to keep the lights on and avert a shutdown. What could happen during a shutdownIn the event of a shutdown, many government operations would come to a halt, but some services deemed “essential” would continue. Once a shutdown is over, federal employees who were required to work and those who were furloughed will receive backpay. Employees deemed “essential” and required to work were already guaranteed backpay after a shutdown prior to the passage of that legislation. And federal employees aren’t the only ones who can feel the effects of a shutdown.

Persons: it’s, furloughed, Sen, Ben Cardin, Trump, you’re, ”, Maya MacGuineas, It’s, White Organizations: CNN, Congressional, Federal, Maryland Democrat, Employees, Park Service, Senate, Democrats, Republicans, White House, Department of Health, Human Services, TSA, Food and Drug Administration Locations: Ukraine, Maryland, shutdowns

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