U.S. President Donald Trump signs the funding bill to end the U.S. government shutdown, at the White House in Washington, D.C., U.S., Nov. 12, 2025. Kevin Lamarque | Reuters
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President Donald Trump ended the longest government shutdown in U.S. history last night, signing into law a short-term funding bill passed by the House of Representatives earlier in the evening that funds the government through January. Here's what to know: While the deal does not include the extension of enhanced Obamacare tax credits that Democrats wanted, it does include a guarantee from Republicans that the Senate will vote on a health care bill of Democrats' choosing next month.
The agreement also ensures funding for food stamps, the reversal of shutdown-related layoffs and backpay for government employees.
As he signed the legislation ending the 43-day shutdown, Trump said "people were hurt so badly" and that "we can never let this happen again." He blamed Democrats for the closure, saying "Republicans never wanted a shutdown."
Earlier on Wednesday, White House Press Secretary Karoline Leavitt said key inflation and labor data for October may never be released because of the shutdown. Without these reports, Leavitt said Federal Reserve policymakers will be "flying blind at a critical period."
The Department of Transportation also halted the flight cuts it imposed last week as disruptions to air travel eased. The cancellations would have risen from 6% to 10% on Friday.
The Dow Jones Industrial Average first-ever close above 48,000 yesterday as Wall Street hoped that the shutdown's end was imminent.
first-ever close above 48,000 yesterday as Wall Street hoped that the shutdown's end was imminent. Follow live markets updates here.
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