The Federal Reserve is expected to announce a small interest rate cut on Wednesday, as the government shutdown enters its 29th day.
The Senate reconvened Wednesday morning but has no vote scheduled on the continuing resolution to end the shutdown as the Supplemental Nutrition Assistance Program (SNAP) has taken center stage, with benefits set to run out Nov. 1.
Republicans are weighing a bill that would fund the program, as the stalemate continues.
Meanwhile, in Asia, the South Korean president wooed President Trump earlier in the day, gifting him a replica of an historic golden crown and a coveted medal, while the nations searched for an agreement on trade in the latest stop on Trump’s Asia swing this week.
Trump attended the Asia-Pacific Economic Cooperation (APEC) forum in Gyeongju, South Korea. He said Seoul and Washington had “pretty much” reached a trade deal, but a sticking point has been Trump’s demand for $350 billion in direct investment in the U.S.
Later this evening, the president will meet with Chinese President Xi Jinping. Back in the U.S. Vice President Vance will travel to Mississippi for a Turning Point USA event alongside Erika Kirk, the widow of conservative activist Charlie Kirk.
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