House to Vote on Spending Bill Today

The U.S. government faces a potential shutdown if a new spending bill is not passed by Congress and signed by President Biden by midnight tonight. The White House has started notifying federal employees about possible furloughs, with only essential services continuing if a shutdown occurs. In response, the House is set to vote on a new proposal to avert the shutdown, following a failed attempt at a Trump-backed bill. Speaker Mike Johnson confirmed that lawmakers are close to a deal but did not disclose specifics about the new legislation. Meanwhile, Trump has placed his $4 billion stake in Trump Media & Technology Group into a trust controlled by his son, a move that has raised questions about the handling of his assets since his election victory. Trump's media platform, Truth Social, continues to gain attention despite its financial losses and smaller user base compared to larger platforms.