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but you would be wrong. a combination of red tape, white house foot dragging and washington gridlock is to blame and here is how it happened. first, donald trump gave the atf the lead in getting rid of bump stocks back in 2010 the agency declared they were a gun accessory, therefore, perfectly legal under existing federal law. a stance they reiterated after the vegas shooting. that s when the publish backlash started. e-mails show the agency wasn t remotely ready. we, the atf are getting hammered with the narrative we approved the bump stock. it s extremely political with the nra and some gop congressmen jumping on us, we are in crisis mode. at the if the atf seemed like a mess that s what you say it was. it had seen its staff cut, budget stagnate and director s seat left vacant for years at a time. with congress calling for immediate legislation trump decided to go with the regulation route instead. he ordered his justice department to enact a ban while
wall street could get its staff cut. that s a first for the s.e.c. it worked full force during previous shutdowns. most shutdowns occur in the fall. that is when the agency has money left over from the previous year. speaking of investors. will it affect stocks? today is the first chance for wall street to respond. we have futures down very slightly. it depends on how long it lasts and how acrimonious it gets. the tax cuts were important for wall street. we will see the earnings reports showing how much money they are making. a ton of money. that is the most important thing for wall street. doesn t seem terrified of a shutdown, wall street. super bowl lii is set. patriots and eagles. again for the lombardi trophy. how they punched their ticket next.
away each day. a headline from christian science monitor, government shutdown forces 90% of staff cut at the nuclear regulatory commission. the agency had been able to skirt the shutdown by using carryover funds but the funds have run dry. that s happening in agency after agency, and along the way the polls are changing. the gallup organization, since 1939, has been asking an open-ended questions of americans. what s the biggest problem in the united states? this year more people said, the government, than at any time in the history of this country. and in addition, the lowest republican approval rating in the in recent history, where in 1999 when the impeached bill clinton. that was 32% now. you re at 28%. are you concerned about your party? i m concerned about the country. i represent a district with a lot of civilian defense workers and women and men in uniform, contractors. so i ve always been an opponent on shutting down the government.
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