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Markets Put 80% Odds on U.S. Shutdown Before Jan. 31 as DHS Fight Intensifies

Traders now see a shutdown as likely following Senate Democrats’ refusal to advance a DHS‑funding bill.

Overview

  • Polymarket and Kalshi price a 75%–80% chance of a funding lapse by Jan. 31, up from about 10% just days earlier.
  • Roughly $8.5–$8.6 million has been wagered across the shutdown contracts, underscoring the rapid repricing.
  • Senate Democrats say they will not advance a DHS‑attached bill, after the House passed a stopgap 341–81 and following a fatal Minneapolis Border Patrol shooting.
  • President Trump called a shutdown “highly likely,” while investors moved to gold and silver and crypto sentiment fell to “Extreme Fear.”
  • Analysts warn a shutdown could delay key economic data, strain credit and liquidity, and shave about 0.2% off GDP each week if prolonged, and it may further stall the CLARITY Act, which has already lost Coinbase’s backing.