US Government Shutdown Would Hobble SEC Oversight, Gensler Says

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Government shutdown: How it could create issues for the FedAs a potential government shutdown looms, how could this impact the Federal Reserve's forecast and ability to collect data? Stifel Chief Washington Policy Strategist Brian Gardner joins Yahoo Finance Live to discuss. Gardner notes that the potential government shutdown would cause a “lack of economic data” to be released and “that could be an excuse for policy makers to pause.” “The uncertainty of the fallout from the [UAW] strike, the uncertainty of any economic impact, and the lack of data for a Fed that’s data-dependent, if they’re not getting data, they may just decide to pause a little while,” Gardner explains.
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