Bitunix Analyst: Trump Promotes "Nuclear Option" as US Government Shutdown Crisis Reaches Political Tipping Point

According to BlockBeats news, on October 31, President Trump posted late at night, urging Senate Republicans to abolish legislative rules that obstruct proceedings in order to break the nearly month-long government shutdown deadlock. This move is referred to as the “nuclear option,” aiming to push the budget bill with a simple majority vote, but senior Republicans remain firmly opposed. Senate Majority Leader Schumer reiterated that this procedure will not be initiated for funding legislation. Since the government shutdown, approximately 750,000 federal employees have been on unpaid leave. The Congressional Budget Office estimates that if the shutdown continues, it could drag down U.S. GDP by up to 2% in the fourth quarter. Market anxiety over the political deadlock is rising, causing the dollar index to fluctuate and U.S. Treasury short-term yields to decline. Bitunix analysts point out that Trump is once again resorting to high-risk political tactics, showing his intention to turn the shutdown issue into a lever for the election campaign, strengthening grassroots mobilization for the Republican Party. If the deadlock extends, it could not only impact the pace of fiscal spending but also amplify the erosion effect on confidence in financial markets. Investors should pay attention to the progress of congressional negotiations and the reactions of credit markets, as U.S. political uncertainty is becoming a key variable for liquidity fluctuations at the end of the year.