US Senate Minority Leader Schumer:
- met with Trump, "We have large differences"
- decision to avoid a government shutdown lies with Republicans
- Trump is the decision maker
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For traders and investors the near term risk of this potential shut down is the drying up of US government data reports. For example, Friday's NFP release may not happen. If we don't get the number, neither does the Federal Open Market Committee (FOMC). The FOMC is in danger of flying blind into the next meeting.