Dollar hits session low vs yen after Trump govt shutdown remarks

Cornelia Mascio
Agosto 24, 2017

NEW YORK, Aug 23 (Reuters) - The dollar fell on Wednesday in a generally risk-averse market after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement.

Gohmert also voiced his support for Trump's plan for a wall on the U.S. -Mexico border, saying on "The Laura Ingraham Show" that "some of the Republican leaders" are "right there with the obstructionist Democrats" for holding back funding.

She adds that Trump and McConnell "remain united on many shared priorities", including middle-class tax relief, strengthening the military and constructing a Southern border wall. "And, of course, that kind of position gets the Republican leadership upset". Let me be very clear to democrats in Congress who oppose a border wall and stand in the way of border security.

Pelosi also reminded Republicans that the last government shutdown in 2013, which occurred because conservatives demanded a cut-off of funding to the 2010 health care law, cost $24 billion and 120,000 jobs.

"I don't think a government shutdown is necessary - I don't think people want to see a government shutdown, ourselves included", Ryan said at a news conference at an Intel Corp. facility in Hillsboro, Ore.

Ryan said "Congress in the House has already done its work on this issue" and passed the buck to the Senate.

Senate Minority Leader Charles E. Schumer warned Trump that a shutdown would cause problems for him politically. "It's what we ran on - we need to fulfill that promise".

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