What Happens in a Government Shutdown
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 29 September 2023
⏱️ 14 minutes
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Summary
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| 0:00.0 | Get a better grip on the markets. |
| 0:02.7 | WSJ's Take on the Week is here to give you a look ahead to the most important events |
| 0:07.8 | on the economic and business calendar and what they mean for your money and investments. |
| 0:13.1 | Subscribe wherever you listen to podcasts. |
| 0:30.1 | You can avoid a shutdown, even if a shutdown occurs that it would be ended particularly quickly. |
| 0:34.4 | Plus, Senator Diane Feinstein dies at the age of 90, and the United Auto Workers Union expands its strike. |
| 0:41.7 | It's Friday, September 29th. |
| 0:43.6 | I'm Amary Fertoli for the Wall Street Journal. |
| 0:45.8 | This is the PM edition of What's News, the top headlines and business stories that moved the world today. |
| 0:51.2 | Diane Feinstein, the longest serving woman senator in U.S. history, has died at age 90. |
| 1:04.5 | Feinstein was the first female mayor of San Francisco. |
| 1:07.7 | She was elected to the Senate in 1992 and represented the state for more than three decades. |
| 1:13.2 | In that time, she spearheaded a ban on assault-style weapons and investigated the CIA's use of torture |
| 1:18.9 | after the 2001 terrorist attacks. |
| 1:21.5 | Feinstein's death leaves Democrats with a narrower 50-49 majority in the Senate. |
| 1:26.4 | California's Democratic governor Gavin Newsom will name her interim successor. |
| 1:31.2 | Meanwhile, in Washington, House lawmakers have rejected Speaker Kevin McCarthy's bid to avert a government shutdown |
| 1:37.8 | with some GOP lawmakers joining all Democrats in voting against it. |
| 1:41.8 | Even if it had cleared the Republican-led House, the measure was designed to unite the GOP |
| 1:46.4 | and had virtually no chance of clearing the Senate where Democrats hold a slim majority. |
| 1:51.0 | Congress is nearing the deadline to reach a spending deal, or come October 1st, that Sunday, |
| 1:56.5 | the federal government will shut down. |
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