Yeliz Akmaca 
The US House Rules Committee has approved a funding bill passed by the Senate to reopen federal agencies. The House vote is expected as early as Wednesday afternoon. The legislation would fund most federal agencies through January 30, potentially ending the government shutdown.
The Rules Committee voted 8-4 along party lines to advance a rule governing debate on the bill. This procedural step allows the measure to reach the House floor on Wednesday. The Senate approved the bill on Monday with a 60-40 vote.
Bill Details and Amendment Requests
The committee rejected several amendments proposed by Democrats. These included extensions of expired health insurance subsidies and a provision allowing senators to sue law enforcement if they seize data. Members were warned that any changes could send the bill back to the Senate, further delaying the reopening.
House Speaker Mike Johnson called on lawmakers to return to Washington, D.C., ahead of the vote, noting that ongoing FAA restrictions could disrupt travel at major airports. With both chambers closed on Tuesday for Veterans Day, Wednesday is the earliest possible voting day.
Market Impact of the Government Reopening
This development follows several failed attempts to reach a funding agreement. The bill’s passage reflects bipartisan cooperation in the Senate. Experts say ending the shutdown could positively impact markets. For example, Sistine Research analysts called XRP the “fastest horse” to benefit from this rally.
Historically, ending U.S. government shutdowns has triggered gains in Bitcoin and other crypto assets. In 2019, Bitcoin rose 266% five months after a shutdown ended. Currently, Bitcoin trades around $103,000, down roughly 14% since the early October shutdown began.
Additionally, the U.S. Senate released a draft of the Crypto Asset Market Clarity Act, proposing to grant the CFTC more authority over digital assets. The government reopening and renewed liquidity could create favorable conditions for crypto markets.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.