Closing summary
Our live coverage is ending for the day. Thanks for reading along with us. Here is a summary of the key developments from today:
Top Democrats vowed on Tuesday to oppose the shutdown bill for not addressing their demand for more healthcare funding, as House Republican leaders move to hold a vote on legislation to reopen the US government. Democrats have for weeks insisted that any measure to fund the government include an extension of tax credits for Affordable Care Act health plans, which were created under Joe Biden and due to expire at the end of the year, sending premiums for enrollees higher. More here.
Millions of Americans grappling with food insecurity will face more uncertainty this week after the US supreme court enabled the Trump administration to continue withholding funds for food stamps. In an administrative stay issued on Tuesday, the highest court upheld the administration’s request to extend a pause on a federal judge’s ruling that would have required $4bn in funding for the Supplemental Nutrition Assistance Program or SNAP, the food aid relied on by 42 million people, to be distributed. The funding freeze has been given two additional days, and will now remain in place until midnight on Thursday. More here.
The Trump administration has launched its most direct attempt yet to shut down the top US consumer watchdog, arguing the current funding mechanism behind the Consumer Financial Protection Bureau (CFPB) is unlawful. Attorneys for the administration claimed in a court filing that the agency “anticipates exhausting its currently available funds in early 2026”, setting the stage for it to be dismantled. The CFPB is legally barred from seeking additional funds from the Federal Reserve, its typical source of funding, the attorneys suggested. More here.
The US navy has announced that the USS Gerald R Ford, regarded as the world’s newest and largest aircraft carrier, has entered the area of responsibility of the US Southern Command, which covers Latin America and the Caribbean. The deployment of the ship and the strike group it leads – which includes dozens of aircraft and destroyer ships – had been announced nearly three weeks ago, and its arrival marks an escalation in the military buildup between the US and Venezuela. More here.
Air travelers should expect worsening cancellations and delays this week even if the US government shutdown ends, as the Federal Aviation Administration (FAA) rolled out deeper cuts to flights at 40 of the nation’s major airports Tuesday, officials said. The FAA ordered domestic airlines last week to drop 4% of their flights at the airports in question, saying absences and signs of stress among traffic controllers made it imperative to act in the name of public safety. More here.
Britain has suspended the sharing of intelligence with the US on suspected drug trafficking vessels in the Caribbean amid concerns information supplied may be used to engage in lethal military strikes by American forces. Such a decision – a rare rupture between the normally close military allies – would indicate that the UK does not believe the Trump administration’s controversial practice of sinking boats allegedly used by drug traffickers is legal. Colombia followed suit, President Gustavo Petro announced. More here.
Updated
JPMorgan Chase CEO Jamie Dimon and other top executives will visit the White House on Wednesday for a dinner with Donald Trump, NBC News reports.
The dinner would be the latest in a series of high-profile events that the president has held with business executives.
He hosted a dinner in September that included Meta CEO Mark Zuckerberg, Google CEO Sundar Pichai, OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella and Apple CEO Tim Cook.
