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Trump announces deal to end government shutdown

President Donald Trump announced that a deal has been reached to temporarily end the longest government shutdown in U.S. history.

Trump said that he is prepared to sign a bill that would reopen government offices for three weeks until Feb. 15, giving Congress time to negotiate a permanent solution to border security issues.

govshut"I am very proud to announce today that we have reached a deal to end the shutdown and reopen the federal government," Trump said from the Rose Garden.

The shutdown ran into a record 35 days on Friday. Most mainline mortgage products have not been affected by the shutdown; however, originators have not been able to close on U.S. Department of Agriculture loans. The Federal Housing Administration’s reverse mortgage program has also been halted during the shutdown.  

Roughly 800,000 government workers missed their second paycheck on Friday. Trump called the workers "very, very special people," and that the unpaid employees would be swiftly compensated. 

Trump had previously said that he was prepared to keep the government closed for months until Democrats approved funding for the wall. He said he will ask Senate Majority Leader Mitch McConnell, R-Kentucky, to introduce a bill immediately. CNN was reporting that the deal does not include funding for a wall.  

Sen. Chuck Schumer, D-NY, the minority leader, and House Speaker Nancy Pelosi, D-California, had demanded that Trump reopen the government first, prior to negotiating a long-term solution at the border.

In an address from the White House, Trump once again made a case for a wall, saying the nation faces a national security and humanitarian crisis caused by drug cartels and human traffickers.

He provided few details about the deal, but indicated “walls will be an important part of the solution.”

"So, let me be very clear: We really have no choice but to build a powerful wall or steel barrier," Trump said. "If we don't get a fair deal from Congress, the government either will shut down on Feb.15 again, or I will use the powers afforded to me under the laws and the Constitution of the United States to address this emergency."


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