"McConnell says President Biden and Treasury Secretary Janet Yellen called him yesterday. They discussed the border. Says "it would be difficult" to get the supplemental spending package across the floor in the Senate without that included" - Fox Reporter
Portfolio Pulse from Benzinga Newsdesk
Senate Majority Leader Mitch McConnell stated that President Biden and Treasury Secretary Janet Yellen contacted him to discuss the border issue. McConnell indicated that passing the supplemental spending package in the Senate would be challenging without including the border issue.
November 07, 2023 | 7:26 pm
News sentiment analysis
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NEUTRAL IMPACT
The discussion between McConnell, Biden, and Yellen about the border issue and its potential impact on the supplemental spending package could influence the overall market sentiment, potentially affecting the SPY ETF.
The border issue and its potential inclusion in the supplemental spending package could lead to political uncertainty, which may affect the overall market sentiment. As SPY ETF tracks the S&P 500, it could be influenced by these macroeconomic factors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50