Government Shutdown Showdown Rocks Markets as Stocks Rise and Gold Soars
Shutdown Stalemate in Washington The U.S. Capitol dome at sunset on Sept. 29, 2025, as Congress fails to reach a budget deal ahead of the deadline.As of Sept. 30, the federal government was hours from running out of funding amid a bitter political standoff. Lawmakers have been wrangling over a stopgap spending bill to extend funding into the new fiscal year (which begins Oct. 1) but failed to reach an agreement by Tuesday’s deadline reuters.com. In a high-profile White House meeting on Sept. 29, President Trump met with top Republicans and Democrats in a last-ditch effort to avert a shutdown