President Trump signed a funding bill late Wednesday that ends a 43-day federal shutdown, restoring government operations. Officials estimate roughly 60,000 private-sector jobs were lost during the halt. The short-term deal funds the government through January in exchange for a mid-December vote on extending health-care tax credits, a provision criticized by Senator Elizabeth Warren. The agreement was also welcomed by many digital-asset policy advocates as Congress advances crypto market discussions.
Shutdown Ends: Trump Signs Bill Reopening Government After 43 Days
President Trump signed a funding bill late Wednesday that ends a 43-day federal shutdown, restoring government operations. Officials estimate roughly 60,000 private-sector jobs were lost during the halt. The short-term deal funds the government through January in exchange for a mid-December vote on extending health-care tax credits, a provision criticized by Senator Elizabeth Warren. The agreement was also welcomed by many digital-asset policy advocates as Congress advances crypto market discussions.
04:54 AM, 11/14/2025Politics
President Signs Funding Bill to End 43-Day Shutdown
U.S. President Donald Trump on Wednesday signed legislation that formally ended the longest federal government shutdown in American history after 43 days. He approved the long-awaited funding measure late Wednesday night, restoring federal operations after Republicans and Democrats failed to reach agreement on key spending provisions.
Economic and Workforce Impact
National Economic Council Director Kevin Hassett estimated that roughly 60,000 private-sector workers lost their jobs as a result of the shutdown, while many contractors and agencies faced prolonged disruption to services and pay schedules.
How the Deal Was Reached
The compromise advanced after a small group of House Democrats helped move a short-term funding bill that keeps the government funded through January, in exchange for Republicans agreeing to a mid-December vote on extending health-care tax credits. The government reopening also aligned with many predictions on the Polymarket platform, where most bettors had forecast the shutdown would end between November 12 and November 15.
Political Reactions
After signing the bill, Trump said:
"Today we're sending a clear message that we will never give in to extortion."
Not all Democrats supported the agreement. Senator Elizabeth Warren (D-MA) called the measure a "mistake," arguing it fails to address the health-care affordability crisis. "We are in a health care emergency. A simple one-year extension of these tax credits would cost less than Donald Trump’s $40 billion bailout for Argentina," she said.
Implications for Crypto Policy
Digital-asset policy advocates largely welcomed the respite, saying it increases pressure on Congress to pass clearer cryptocurrency frameworks. On Monday, Senate Agriculture Committee Chairman John Boozman (R-AR) and Senator Cory Booker (D-NJ) released a discussion draft addressing crypto market structure. Boozman said:
"As Congress works to expand authority for the commission to oversee the trading of digital assets that are commodities, it's essential that we also ensure it has the tools, personnel, and resources necessary to carry out this new mission, along with its current responsibilities."
Source: Julia Smith, Cryptonews.com