Trending
    DJIA49,401-122-0.25%
    S&P 5006,844.00-7.00-0.10%
    NASDAQ24,757.75-10.25-0.04%
    Gold2,934.50+35.00+0.71%
    Silver77.770+2.088+2.76%
    Crude Oil63.17+0.33+0.53%
    BTC97,412+2,345+2.45%
    AAPL234.56-0.98-0.42%
    MSFT421.30+8.85+2.14%
    NVDA876.54+27.22+3.21%
    DJIA49,401-122-0.25%
    S&P 5006,844.00-7.00-0.10%
    NASDAQ24,757.75-10.25-0.04%
    Gold2,934.50+35.00+0.71%
    Silver77.770+2.088+2.76%
    Crude Oil63.17+0.33+0.53%
    BTC97,412+2,345+2.45%
    AAPL234.56-0.98-0.42%
    MSFT421.30+8.85+2.14%
    NVDA876.54+27.22+3.21%
    Politics

    U.S. House Passes Stopgap Funding to Avert Shutdown Amid Election Push

    By TopHolding Editorial · Tuesday, July 28, 2026 at 3:01 AM

    U.S. House Passes Stopgap Funding to Avert Shutdown Amid Election Push

    The U.S. House passed a stopgap funding bill to prevent a government shutdown through December 4 while advancing key Trump administration priorities.

    The Republican-controlled U.S. House of Representatives has passed a critical short-term spending measure to avert a government shutdown just months before the November midterm elections. The stopgap bill, known as a continuing resolution, ensures federal agencies remain funded through December 4. The 232-198 vote sends the legislation to the Senate, where Republican leaders are navigating negotiations with Democrats to finalize a broader funding strategy.

    This legislative push comes as House Republicans also advanced a partisan budget outline aligned with President Donald Trump's priorities. The measure includes $95 billion in new spending and utilizes special procedures intended to bypass typical Senate roadblocks. Part of the broader legislative package includes controversial provisions aimed at tightening mail-in voting rules and requiring tougher voter identification, which the administration has also asked the Supreme Court to allow nationwide.

    In addition to funding and voting measures, the House endorsed a bill to curtail stock market trading by members of Congress. While watchdog groups have long advocated for such a ban to prevent lawmakers from profiting from non-public information, the bill's prospects in the Senate remain uncertain. The flurry of activity occurred just as the chamber prepared for a five-week summer recess, though President Trump has publicly urged the Senate to cancel its break until his key administrative priorities are addressed.