There are a growing number of reports suggesting that the United States government could shut down on October 1 if a temporary funding bill is not passed before the start of the next fiscal year. The operations of the U.S SEC are likely to be hampered by the U.S. government’s decision if a shutdown becomes the only possible option at this time. Speaking to Bloomberg on Wednesday, SEC Chair Gary Gensler noted that should the shutdown happen, his agency will be reduced to a “skeletal” staff, hence the SEC may not have the appropriate oversight on the market as it used to.
~This episode is sponsored by iTrust Capital~
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00:00 intro
00:22 Sponsor: iTrust Capital
01:08 Government Shutdown Recap
03:17 Horrible Situation
03:50 SEC Shutdown
04:36 Another Shutdown
05:26 Gensler on Shutdown Effects
07:23 Fed Meeting Effects
08:20 Interest Rates
09:22 S&P500 vs Bitcoin
10:10 Crypto Sentiment Data
13:30 outro
#GovernmentShutdown #StockMarket #Crypto
~Government Shutdown Approaches 🚨 Crypto Markets in DANGER!🔥~
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