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  • 14 hours ago
White House Budget Director Russell Vought said the administration will begin dismissing federal workers within days as Republicans leverage the shutdown for program cuts. Trump and GOP leaders signaled they will target Democratic priorities, including infrastructure and renewable energy funding. Senate talks on a short-term deal remain stalled, heightening political pressure.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02White House Budget Director Russell Vaught said Wednesday the administration plans to dismiss
00:07federal workers within days, according to Bloomberg. The move signals Republicans will
00:12use the shutdown to push for long-sought cuts to government programs, while Trump said he would
00:17use a government funding lapse to target programs associated with Democrats. House Speaker Mike
00:22Johnson said the shutdown lets Republicans push policies blocked by Democrats, while the White
00:28House decides which services remain essential. Earlier in the day, the administration froze
00:33$18 billion for New York infrastructure projects and cut $8 billion from renewable energy programs
00:39in states that supported Kamala Harris in 2024. Senate negotiations for a short-term deal
00:46stalled, with Republicans confident they can pressure more Democrats to defect.
00:50For all things money, visit Benzinga.com.
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