In this Issue:
Leading the Past Week; Legislative Branch; Executive Branch; and Upcoming Hearings.
Excerpt from Leading the Past Week -
Congress once again worked through the weekend, but based on the public statements seemed no closer to resolving its stalemate and being able to reopen the Government. With both sides now merging the of funding the government with a vote for a “clean” debt ceiling extension, Wall Street is now hoping that Churchill’s famous axiom is just slightly off and that, as some in Congress think may be necessary, the country, and the stock market, doesn’t need a replay of September 29, 2008 in order to convince lawmakers of the need to increase the debt limit.
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