What's Happening
The White House has presented Democrats with a new funding proposal for the Department of Homeland Security as the partial government shutdown continues. The shutdown, which began on February 14, stems from ongoing immigration enforcement negotiations.
Market Impact
Prolonged government shutdowns can dampen economic activity and investor confidence, potentially affecting sectors reliant on federal contracts and consumer spending.
Broader Implications
This impasse highlights the deep political divisions in Washington, with potential ripple effects on immigration policy and national security priorities.