Bitunix Analyst: Trump Pushes 'Nuclear Option,' US Government Shutdown Crisis Reaches Political Brink

October 31st. Late at night on October 31st, U.S. President Trump tweeted, urging Senate Republicans to get rid of legislation that obstructs parliamentary rules in order to break the nearly month-long deadlock in the government shutdown. This so-called "nuclear option" aims to advance a budget bill through a simple majority vote. However, top Republicans remain firmly opposed. Senate Majority Leader McConnell reiterated that he would not initiate this process for appropriation legislation. Since the start of the U.S. government shutdown, approximately 750,000 federal employees have been placed on furlough without pay. The Congressional Budget Office estimates that if the shutdown persists, it could cause the U.S. fourth-quarter GDP to decline by up to 2%. Market anxiety due to the political deadlock has increased, resulting in a shaky U.S. dollar index and a retreat in short-term U.S. Treasury yields. Bitunix analysts pointed out that Trump is once again using high-risk political tactics, indicating his intention to turn the shutdown issue into an election leverage point to strengthen Republican grassroots mobilization. If the stalemate continues, it will not only disrupt the pace of fiscal spending but may also magnify the erosion effect on financial market confidence. Investors should pay attention to the progress of congressional negotiations and the reactions in the credit market, as U.S. political uncertainty is becoming a key variable in end-of-year liquidity volatility.