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.
Comments