Key Takeaways
- The U.S. House of Representatives is scheduled to vote on a bill to end the government shutdown on Wednesday around 7 PM ET, a critical development for federal operations and the economy.
- Coinbase (COIN) is moving its incorporation from Delaware to Texas, as reported by The Wall Street Journal, signaling a growing trend of companies seeking more favorable legal climates.
- Ukrainian President Volodymyr Zelenskyy has requested parliament approve the dismissals of the justice and energy ministers, citing an alleged corruption scandal in the energy sector.
The U.S. House of Representatives is set to vote on a bill aimed at ending the ongoing government shutdown on Wednesday, November 12, 2025, with the vote expected around 7 PM ET. This follows the Senate's recent passage of a stopgap funding measure, pushing the responsibility to the House to resolve the fiscal impasse. The resolution of the shutdown is a significant event for federal employees and the broader U.S. economy, which has faced disruptions from the funding lapse.
In corporate news, cryptocurrency exchange Coinbase (COIN) is reportedly moving its state of incorporation from Delaware to Texas, according to The Wall Street Journal. This move aligns Coinbase with other prominent companies like Tesla (TSLA), SpaceX, and Neuralink, which have also reincorporated in Texas. The shift reflects a broader corporate sentiment, with companies increasingly evaluating states like Texas for their business-friendly legal environments and perceived stability compared to Delaware's more "activist courts". Meta Platforms (META) is also reportedly considering a similar move.
Meanwhile, in Ukraine, President Volodymyr Zelenskyy has called for the dismissal of two key ministers: the justice minister and the energy minister. The request, made to parliament, comes amid an alleged corruption scandal impacting the nation's energy sector. President Zelenskyy emphasized the importance of trust and accountability, stating that if there are accusations, they must be addressed. He has asked Prime Minister Svyrydenko to secure resignation letters from the implicated ministers to ensure they are not in positions of influence during the ongoing investigation.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.