Economists ej Antoni and Marc Sumerlin discuss gold prices reaching $4,000 as the dollar weakens on ‘Kudlow’.
First on Fox: A coalition of more than 20 American business interest groups wrote to Senate Majority Leader John ThuneRs.d., House Speaker Mike Johnson, R-La., Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Hakeem Jeffries, D-Ny., are calling for accelerated pro-American, pro-growth business policies as the administration enters a full week.
The American Growth & Innovation Forum (AGIF) brought together our grassroots business advocates from across the country to demand answers from congressional leaders as lawmakers in Washington move to reopen the government.
Trump reverses his shutdown approach and lets Congress take the heat
The email goes on to say that the closure will also prevent an “estimated 320 small businesses from accessing $170 million in GBA-guaranteed financing.”
Although Democratic Senators John Fetterman, D-PA.Catherine Cortez Masto, D-Nev., and Angus King, I-Maine, broke ranks with Senate Minority Leader Chuck Schumer in last week’s vote to fund the government through Nov. 21. Sen. Rand Paul, R-Ky., also opposed the bill.
Both Senate Majority Leader John Thune, R-D., Left, and House Speaker Mike Johnson, R-La., have blamed Democrats for the government shutdown. (Getty Images/Getty Images)
How Much Do Government Shutdowns Cost American Taxpayers?
The legislation to expand funding for the government requires 60 votes to pass the upper chamber. The GOP currently has 53 seats in the Senate.
“We are concerned that recent proposals and legislative challenges risk undermining these results,” the letter from business advocacy groups said. “Policies that unfairly penalize or enforce the scale fragmented pricing schemes Could weaken the capacity that enables consumers to access goods and services at low costs, continued investment in innovation and global leadership across all sectors. “
House Small Business Committee Chairman Roger Williams also addressed how the closure would affect their committee in a statement last week after the closure.
House Minority Leader Hakeem Jeffries (DN.Y.) speaks during a press conference alongside Senate Minority Leader Chuck Schumer (DN.Y.), following a meeting at the White House in Washington ahead of the government shutdown. (Nathan Posner/Anadolu/Getty Images/Getty Images)
“The House Committee on Small Business planned a full October agenda to strengthen Main Street, but with government funding at a standstill, America’s 36 million small businesses will pay the price,” Chairman Williams explained.
Senate stalls on shutdown vote amid warning furloughed workers could lose pay
“The House-introduced continuing resolution included essential measures to protect small businesses’ access to capital and ensure continuity for programs that entrepreneurs depend on,” Rogers added.
The Small Business Association has been relieving workers due to the government shutdown. (Photo by chip Somodevilla/Getty Images/Getty Images)
“The [SBA] is currently on furlough and paralysis, their loan program is essentially suspended,” Patronis told Fox.” We need a way to get a seat at the table of other stakeholders who have concerns that need to have a deeper dive into some of the policy issues or be reviewed by Congress at a later date. “
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Wednesday marks a full week of the government shutdown as Negotiations continue in both the House and Senate.
