President Trump's threat to shut down the government limits his options and will mostly harm him.
Ray Dalio, the billionaire founder of the world's largest hedge fund--Bridgewater, said in a LinkedIn post on Monday that he's...“tactically reducing” his risk because he’s concerned about growing internal and external conflict “leading to impaired government efficiency” in the US. But are Dalio and other big investors writing off President Trump too early?
NEW YORK/WASHINGTON, Aug 23 (Reuters) - President Donald Trump's threat to shut down the U.S. government to secure funding for a wall along the Mexican border rattled markets on Wednesday and cast a shadow over efforts in Congress to raise the country's debt ceiling and pass spending bills. Congress will have about 12 working days when it returns on Sept. 5 from its summer break to approve spending measures to keep the government from shutting down, and a deadline also is closing in for raising the cap on the amount the federal government may borrow.