The longest government shutdown in US history has ended, but it could take days — and in some cases a week or more — before normal operations resume. Payroll systems must be updated to pay out weeks of back wages. Backlogs of grant disbursements, loan applications and customer calls that went unanswered for 43 days will now need to be cleared. Delayed environmental permits, workplace inspections and contracting activities have stacked up across federal agencies. The work of re-opening the government couldn’t officially launch until the funding bill has passed both chambers of Congress and had President Donald Trump’s signature late Wednesday. The White House’s budget office directed all federal employees who had been furloughed during the shutdown to return to work on Thursday. Our Managing Editor for US economy and government Mario Parker joins Stephen Carroll and Valerie Tytel with the details.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
