BlockBeats News, February 10. The United States, which just experienced a 43-day federal government shutdown last fall, went through another brief 4-day shutdown a week ago. Now, another shutdown seems imminent. The latest potential shutdown looks likely as Democrats and Republicans in Washington remain divided on possible reforms to the Trump administration's immigration enforcement practices.
The shutdown from January 31 to February 3 ended thanks to a bipartisan spending deal that provided a two-week funding extension for the Immigration and Customs Enforcement (ICE) agency, while negotiations on reforms continue. The stopgap funding for the Department of Homeland Security (DHS) will last until Friday, meaning a funding gap for the DHS would start early Saturday local time. With no breakthrough in negotiations, Washington is bracing for another shutdown, albeit a partial one, as only the DHS would go unfunded.
The prediction markets Kalshi and Polymarket estimate a 65% and 74% likelihood of a shutdown in the US this weekend, respectively. (Jinse)
