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WSJ What’s News

The House Prepares to Vote On Bill to End the Government Shutdown

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 12 November 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

P.M. Edition for Nov. 12. The House of Representatives is set to vote this evening on a spending bill that would end the longest government shutdown in U.S. history. WSJ reporter Anvee Bhutani walks us through what’s in the bill. Plus, Federal Reserve officials are divided as to whether it’s inflation or the labor market that is the bigger threat to the U.S. economy, stoking division ahead of the Fed’s December meeting. Journal chief economics correspondent Nick Timiraos explains what the disagreements mean for a possible rate cut. And the U.S. has minted its last pennies. Alex Ossola 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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0:33.3

A houseboat expected tonight would reopen the U.S. government after a record-breaking shutdown.

0:39.2

Plus, what a divided Fed means for next month's decision on interest rate cuts.

0:44.0

It's unusual that you see this kind of fracturing of the Fed, and it has to do with three big mysteries the economy faces right now.

0:52.5

And it's the end of an era for the U.S. penny.

0:55.2

It's Wednesday, November 12th.

0:57.3

I'm Alex O'Sullough for the Wall Street Journal.

0:59.8

This is the PM edition of What's News,

1:02.2

the top headlines and business stories that move the world today.

1:09.7

The House is assembling for an expected vote this evening on a bill that ends the government

1:14.1

shutdown. The package extends funding for much of the federal government through January and

1:18.8

includes funding for the full year for the Agriculture Department, Military Construction,

1:22.5

and the legislative branch. For more on what's in the bill, Anvi Bhutani joins me now from Washington.

1:28.5

Anvi, what else is in this spending bill? Yeah, there's a couple of interesting nuggets hidden

1:33.7

in the spending bill. One of them is that there's language that would guarantee the reversal

1:39.3

of federal layoffs by the Trump administration during the shutdown. And it also means that

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