Trump Signs Bill Ending Longest Government Shutdown In U.S. History

Crypto Policy Donald Trump Elizabeth Warren
President Donald Trump ended the record-long 43-day shutdown Wednesday, reopening the federal government after weeks of stalled negotiations.
Author
Last updated: 

U.S. President Donald Trump signed a bill on Wednesday that formally ended the longest government shutdown in American history.

President Trump Signs Bill Ending Government Shutdown

Trump signed the long-awaited funding bill late on Wednesday night, a whopping 43 days after the federal government shutdown following Republicans and Democrats’ failure to disagree on key spending provisions.

According to National Economic Council Director Kevin Hassett, an estimated 60,000 private sector employees lost their jobs as a consequence of the shutdown.

“Today we’re sending a clear message that we will never give into extortion,” Trump said.

The U.S. government’s reopening marks a win for the majority of Polymarket bettors on Monday who predicted that the shutdown would end sometime between November 12 and November 15.

The deal came after a minority of Democrats helped to advance a deal this past Sunday that would see the U.S. government funded through January in exchange for Republicans agreeing to a mid-December vote on prolonging health care tax credits.

However, not all Democratic lawmakers were thrilled with the deal, with Senator Elizabeth Warren (D-MA) calling the bill a “mistake.”

“I will not support a deal that does nothing to make health care more affordable,” Warren said. “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.”

Crypto Policy Efforts Pick Up On Capitol Hill

The bill is largely seen as a plus by digital asset policy proponents, though, as pressure mounts on lawmakers to pass clear crypto frameworks.

On Monday, Senate Agriculture Committee Chairman John Boozman (R-AR) and Senator Cory Booker (D-NJ) unveiled their own crypto market structure discussion draft.

“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,” Boozman said.

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$3,104,671,529,342
-3.36
Trending Crypto

More Articles

Dubai Court Freezes $456M in TrueUSD Fraud Case Linked to Justin Sun’s Techteryx Bailout
2025-11-13 09:43:42
Altcoin News
Singapore’s Central Bank to Test Tokenized Bills With CBDC Settlement
Amin Ayan
Amin Ayan
2025-11-13 10:15:05
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors