Secretary Mnuchin Met Speaker Pelosi Over Border Wall Stalemate

Secretary Mnuchin Met Speaker Pelosi Over Border Wall Stalemate

House Speaker Nancy Pelosi (D-CA),  and Treasury Secretary Mnuchin met Thursday in an effort to come to an agreement over funding for President Donald Trump’s wall for the southern border.

Congressional and White House officials have been in a stalemate over $5-B for President Trump’s wall for months and now face a 21 November deadline.

The wall fight threatens to force the government into a year-long stopgap bill or a shutdown

We have no intention of having a shutdown,” Secretary Mnuchin said after the meeting. I think everybody intends to keep the government open.”

The same issue sparked a 35-day shutdown last year. Negotiators at the meeting agreed to come up with a solution on how to allocate funds between government agencies.

The negotiators appear intent on reaching a deal on the allocations and work out details on the wall later.

Meanwhile, the House is scheduled to vote on a 4-week stopgap measure and postpone the deadline until just before the Christmas break.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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