Pelosi, Mnuchin Agree to Avoid Government Shutdown in October
- Battle over stimulus funding wouldn’t delay a stopgap bill
- Informal pact reduces chance of market turmoil at end of month
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House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have agreed to work to avoid a government shutdown right before the election, and not let the stalemate over virus-relief legislation hold up a vital stopgap spending bill.
Their informal agreement was made in a Tuesday phone call, according to people familiar with the discussion. While clearing the way for the government to keep running at the Oct. 1 start of the fiscal year, it doesn’t resolve the standoff over a new stimulus or whether some relief measures might be included.