US gov shutdown ‘likely’ to end this week: Trump adviser

White House adviser Kevin Hassett says the US government shutdown will likely end this week, which could restart crypto regulatory progress.

The three-week-long US government shutdown is “likely to end sometime this week,” according to a White House economic adviser, potentially reviving crypto regulatory progress.

"I think the Schumer shutdown is likely to end sometime this week," Hassett told CNBC’s Squawk Box segment on Monday, referring to Senate Minority Leader Chuck Schumer, whom Republicans have pointed the finger at for triggering the government shutdown.

"The moderate Democrats will move forward and get us an open government, at which point we could negotiate whatever policies they want to negotiate with regular order,” he added.

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