Experts suggest that the courts and the SEC will keep rolling if the government is shuttered, but an already sluggish interaction with federal officials may be slowed even further.
e should remain in motion for now. If the shutdown were to move past those initial weeks, a reduced version of its workload and staffing takes over under the Anti-Deficiency Act, with limited personnel handling only certain cases.criminal trial of FTX founder Sam Bankman-Fried“Federal criminal processes just constitutionally have to continue,” said John Sparacino, a lawyer at McKool Smith. If the shutdown persists, he said, some court activity may slow.
“If the government shuts down, forward progress on bills will be stalled,” said Sheila Warren, CEO of the Crypto Council for Innovation, an industry advocacy organization, who says she’s concerned about lawmakers losing the focus that’s been a challenge for the industry to build. “In the aftermath of a shutdown, it is unclear what issues will rise to the top of the priority list in terms of gathering congressional interest.
, though he said Congress would necessarily have to focus on getting the budget resolved instead of working on other priorities.
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