Trump-Backed Spending Bill Fails in the House

A.M. Edition for Dec. 20. Most Democrats and several dozen Republicans join ranks to reject a revised spending measure, putting the U.S. on course for a government shutdown at midnight. Plus, Donald Trump threatens the EU with tariffs if it fails to increase U.S. energy imports. And Heard on the Street columnist Jon Sindreu explains the difference between being ultrarich, rich or merely affluent … and why that matters for banks trying to make their wealth-management offerings more inclusive. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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