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WSJ What’s News

Shutdown Nears Record as Crucial Week Begins

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 3 November 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

A.M. Edition for Nov. 3. Democrats are pressing President Trump to come to the table as the government shutdown nears a record 35 days. Plus, WSJ’s Chelsey Dulaney breaks down why Europe’s former economic heavyweights are falling behind their southern neighbors. And we dig into the surprising comeback of one of the housing market’s riskiest loans — and why homebuyers are taking the gamble. Caitlin McCabe hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.3

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0:21.8

Learn more at dinotrace.com slash WSJ. That's www. dY-N-A-T-R-A-C-E dot com slash WSJ.

0:33.9

Congressional scrutiny over the Trump administration's lethal strikes on alleged drug smugglers heats up.

0:40.3

Plus, Democratic senators call for the president to join talks as the shutdown nears a record.

0:46.3

If the president engages, we will find a deal, I think, within hours.

0:50.3

And we take a look at why the countries once praise for their fiscal discipline

0:54.6

are now becoming Europe's new problem cases. It's Monday, November 3rd. I'm Caitlin McCabe for the

1:01.1

Wall Street Journal, and here is the AM edition of What's News. The top headlines and business

1:05.9

stories moving your world today. We begin in D.C. where Democratic senators are urging President Trump to engage directly in talks

1:16.7

to end the government shutdown, which is nearing a record 35 days, the longest lapse ever.

1:23.4

Lawmakers last week made progress on talks to reopen the government with a possible deal on health care,

1:29.4

which is the main condition for Democrats to vote on ending the shutdown.

1:33.9

Democratic senators came out in force over the weekend, urging the president to get involved.

1:39.3

Here's Virginia Senator Tim Cain on ABC's this week.

1:43.2

We're asking the president to simply sit down and do what all presidents do.

1:48.0

We can find a budget deal that puts us on a path to a health care fix.

1:52.0

I don't need all the eyes dotted and tees crossed.

1:55.0

I just want to be on a path so that people's bills don't spike.

...

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