Government Shutdown Drama Unfolds as Senate Passes GOP Bill
Government Shutdown Drama Unfolds as Senate Passes GOP Bill
🏛️ Trump's Midnight Decision Looms
The Senate successfully passed a GOP stopgap bill to prevent government shutdown, with key Democratic Senators (Durbin, Schatz, Hassan, Peters) crossing party lines. However, the situation remains tense as:
- Bill requires Trump's signature before midnight
- Democratic opposition initially pushed shutdown odds to 52%
- Some Democrats criticized Schumer for perceived compromise
- Current shutdown probability stands at 20%
The bipartisan cooperation marks a shift from earlier gridlock, though final resolution depends on executive action. Market sentiment reflects cautious optimism for averting a funding lapse.
NEW: Dem Senators Durbin, Schatz, Hassan, and Peters vote to advance GOP spending bill. Odds of a funding lapse tomorrow now just 18%. poly.market/nfpKAfm
JUST IN: Chuck Schumer says Republicans don't have the votes needed to pass the spending bill. Odds of a government shutdown have soared to 52%.
JUST IN: The odds of a government shutdown tomorrow are rising, as Dems are furious at Schumer for 'caving' Will Democrats unite to shutdown the government & reject the GOP's funding bill? poly.market/fFBPXVK
It's looking like the U.S. government will have a funding lapse… Does Trump want the government to be temporarily defunded?
The Senate has passed the GOP's stopgap bill to fund the government… But Trump has to sign it before midnight to prevent a funding lapse. Will he?
JUST IN: The Senate has enough votes to advance the spending bill to prevent a government shutdown. Odds of a funding lapse are down to just 20%.
Trump Announces 100% Tariff Plan on Semiconductor Imports
Former President Trump has announced plans to implement a 100% tariff on all semiconductor imports to the United States. This follows a series of recent aggressive trade measures, including: - 50% tariff on imports from India - 50% tariff on copper imports - 40% tariff on Brazilian goods This semiconductor tariff proposal represents the highest rate among recent trade actions. The announcement comes amid growing concerns about global supply chain dependencies and domestic semiconductor manufacturing capacity. *Current US semiconductor imports total approximately $50 billion annually.*
Trump-Sweeney Prediction Market Launches on Polymarket
Polymarket has launched a new prediction market focused on whether former President Trump will mention actress Sydney Sweeney again before Friday. This follows recent markets about Trump's potential Fed Chair nomination and scheduled meetings. The platform continues to expand its political and pop culture prediction offerings, allowing users to trade on real-world event outcomes. - Market closes Friday - Follows pattern of Trump-related markets - Part of broader celebrity-political crossover predictions *Trading is now live* on the platform for this unique intersection of entertainment and politics.
Putin-Trump Meeting Scheduled for Next Week
Russian President Vladimir Putin and former US President Donald Trump are set to meet next week, following their recent phone conversation in July. The Kremlin confirmed the leaders' prior communication, though specific details about the upcoming meeting's agenda remain undisclosed. - Meeting confirmed for next week - Follows July phone discussion - Location and agenda details pending This marks their first in-person meeting since Trump left office.
Diddy Seeks Trump Pardon - Market Shows 11% Probability
Sean 'Diddy' Combs has formally submitted a request for a presidential pardon from Donald Trump. Current prediction markets indicate an 11% probability of this occurring. This development follows Trump's June 2025 statement that 'nobody's asked' him about pardoning Diddy. - Market probability remains stable at 11% - Previous Trump statement suggests no prior formal requests - Trading available on [Polymarket](https://poly.market/CkVdQqA) *This represents a significant shift from earlier scenarios where no formal request existed.*
RFK Jr. Cancels $500M in Vaccine Projects, Plans HHS Job Cuts
Health Secretary Robert F. Kennedy Jr. has announced significant changes at the Department of Health and Human Services (HHS): - Cancellation of vaccine development projects worth approximately $500 million - Planned reduction of 10,000 positions at HHS, according to Wall Street Journal reports These decisions represent major shifts in U.S. public health policy and department operations. The workforce reduction would be one of the largest in recent HHS history.