FT News Briefing Washington tangos with another government shutdown
172 snips
Sep 29, 2025 The looming threat of a government shutdown creates tension in Congress, with debates over funding and the need for bipartisan support. Meanwhile, Denmark responds to security concerns with a week-long ban on civil drones after sightings near military sites. On a lighter note, the rise of drive-through coffee kiosks is reshaping the US coffee scene, driven by speed and low costs. Also, Japan is upgrading its office spaces to attract talent in a competitive job market.
AI Snips
Chapters
Transcript
Episode notes
Quarterly Reporting Could End
- The SEC is moving to change corporate quarterly reporting to semiannual, ending a 50-year norm.
- The regulator claims transparency won't suffer but critics fear investors will lack timely data.
Shutdown Risk Hinges On Bipartisan Deal
- A government funding lapse by Wednesday would furlough hundreds of thousands and suspend services.
- The shutdown fight centers on negotiating with President Trump and getting bipartisan Senate support.
Seek Bipartisan Votes Early
- Negotiate bipartisan support to clear the Senate's 60-vote threshold.
- Engage both parties early because Republican control of Congress still requires Democratic votes in the Senate.