Trump declares national emergency after signing bill to avert shutdown
Democrats have criticized US president Donald Trump’s decision to sign a border security and federal spending bill to avert another shutdown, while also intending to declare a national emergency to build a border wall.
The white house said on Thursday, Trump will declare a national emergency to try to obtain funds for his promised US-Mexico border wall. Trump also signed a border security bill to avoid another government shutdown.
Despite facing legal ramifications, Trump’s administration has said he could use national emergency powers to redirect money toward paying for the wall.
The bipartisan legislation passed by the Senate on Thursday before going to the Democrats for final congressional approval. The Senate passed the federal spending legislation by a margin of 83-16.
‘President Trump will sign the government funding bill, and as he has stated before, he will also take other executive action – including a national emergency – to ensure we stop the national security and humanitarian crisis at the border,’ White House spokeswoman Sarah Sanders said.
Democrats denounce national emergency declaration
Democratic house of representatives speaker Nancy Pelosi, immediately denounced the president's move.
Pelosi was asked by reporters if she would file a legal challenge to an emergency declaration, to which she said, "I may, that's an option."
Democrat senator, Chuck Schumer also denounced the emergency, and accused Trump of a "gross abuse of the power of the presidency."
However, his decision comes to no surprise to analysts, after Trump had been threatening to declare a national emergency for weeks.
Pelosi accused Trump of doing "an end-run" around Congress. ‘It's not an emergency, what's happening at the border. It's a humanitarian challenge to us,’ Pelosi said.
Wall fight could end badly
Trump’s fellow republicans warned that declaring a national emergency could set a dangerous precedent to future democratic presidents, which could declare emergencies on climate change or healthcare insurance.
Pelosi said, ‘If the president can declare an emergency on something that he has created as an emergency – an illusion that he wants to convey – just think of what a president with different values can present to the American people.’ She then cited US gun violence as an emergency.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
