’Backdoor’ funding cuts possible by Trump administration, as Congress faces government shutdown

Investing.comSunday, September 28, 2025 at 10:06:24 AM
’Backdoor’ funding cuts possible by Trump administration, as Congress faces government shutdown
The Trump administration is considering potential funding cuts that could act as a 'backdoor' approach to address the looming government shutdown. This situation is critical as Congress grapples with budgetary decisions that could impact various federal services and programs. The uncertainty surrounding funding could lead to significant disruptions, affecting millions of Americans who rely on government support.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Denmark bans civil drones for a week after sightings over military bases
PositiveFinancial Markets
Denmark has implemented a temporary ban on civil drones for a week following sightings over military bases, citing security concerns ahead of two upcoming summits of European leaders. This decision underscores the government's commitment to ensuring safety during significant international events, reflecting a proactive approach to potential threats.
More government help might be needed for Jaguar Land Rover, says MP
NeutralFinancial Markets
Liam Byrne has expressed that additional government assistance may be necessary for Jaguar Land Rover (JLR) following the announcement of a £1.5 billion loan to the company. He raised concerns about the increasing threat of cyber attacks, which could impact the automotive industry. This situation is significant as it highlights the ongoing challenges faced by major manufacturers and the role of government support in ensuring their stability and security.
US set for largest mass resignation in history as Trump continues deep cuts
NegativeFinancial Markets
The Trump administration is facing a historic challenge as over 100,000 federal workers prepare to resign, marking the largest mass resignation in U.S. history. This wave of departures is driven by the administration's controversial deferred resignation program, leaving many employees feeling they have no choice but to leave their positions. This mass exodus not only highlights the discontent among federal employees but also raises concerns about the impact on government operations and public services, making it a significant event in the political landscape.
Economists want Christopher Waller as next Fed chair but expect to be disappointed
NeutralFinancial Markets
A recent survey by the Financial Times reveals that many economists favor Christopher Waller as the next chair of the Federal Reserve, but they also anticipate disappointment as Kevin Hassett is viewed as the frontrunner to replace Jay Powell, especially under pressure from Trump. This situation highlights the ongoing debate about the future direction of U.S. monetary policy and the influence of political dynamics on key economic appointments.
German AI start-up in funding talks at $4bn valuation
PositiveFinancial Markets
Black Forest Labs, a German AI start-up, is in discussions to raise between $200 million and $300 million, aiming for a valuation of $4 billion. This funding round highlights the growing interest and investment in AI technologies, showcasing the potential for innovation and growth in the sector. As AI continues to transform industries, the success of Black Forest Labs could pave the way for more advancements and opportunities in the tech landscape.
The right and the art of putting on a united front
PositiveFinancial Markets
Despite facing significant internal divisions, Trump's MAGA coalition demonstrates a remarkable ability to unite when necessary. This resilience is crucial as it showcases the strength of their collective identity and purpose, especially in the face of challenges. Understanding this dynamic is important for both supporters and critics, as it highlights the ongoing influence of Trump's leadership within the party.
Trump to meet top Congressional leaders on Monday, White House official says
NeutralFinancial Markets
Former President Donald Trump is scheduled to meet with top Congressional leaders on Monday, according to a White House official. This meeting is significant as it may influence upcoming legislative discussions and provide insights into Trump's ongoing political strategies. Observers are keen to see how this gathering will shape the relationship between Trump and current Congressional leaders.
Reform Obamacare Instead Of Spending More Money On It
NegativeFinancial Markets
The ongoing congressional debate about health care is missing a crucial point: Obamacare is in dire need of reform rather than just additional funding. This matters because without addressing the fundamental issues within the system, simply pouring more money into it won't solve the underlying problems, leaving many Americans without the quality care they deserve.
Trump to meet with top congressional leaders Monday ahead of government shutdown deadline at midnight on Wednesday
NeutralFinancial Markets
President Trump is set to meet with top congressional leaders on Monday as the deadline for a government shutdown looms at midnight on Wednesday. With Democrats feeling they have the upper hand, they are pushing for essential health care provisions in return for their support. This meeting is crucial as it could determine whether the government remains operational or faces a shutdown, impacting millions of Americans.
Trump asks Supreme Court to back his limits on birthright citizenship and upend how the 14th Amendment’s been interpreted for 125 years
NeutralFinancial Markets
Former President Trump has requested the Supreme Court to support his proposed limits on birthright citizenship, challenging over a century of interpretation of the 14th Amendment. This case could significantly impact immigration policy and citizenship rights in the United States. However, a decision on whether the Court will hear the case is expected to take months, with arguments likely not occurring until late winter or early spring.
U.S. revokes visa for Colombia’s president after he went to a protest and urged American soldiers to disobey Trump
NegativeFinancial Markets
The U.S. has revoked the visa of Colombia's president after he participated in a protest against the war in Gaza, where he urged American soldiers to disobey orders from President Trump. This incident highlights the growing tensions between the U.S. and Colombia, as well as the implications of international leaders speaking out against U.S. policies. It raises questions about diplomatic relations and the potential fallout from such statements.
Government to guarantee £1.5bn Jaguar Land Rover loan after cyber shutdown
PositiveFinancial Markets
The UK government is stepping in to guarantee a £1.5 billion loan for Jaguar Land Rover following a recent cyber shutdown. This move aims to provide stability and assurance to suppliers, ensuring that the automotive giant can continue its operations without disruption. It's a significant intervention that highlights the government's commitment to supporting key industries during challenging times.
Latest from Financial Markets
Israel stocks higher at close of trade; TA 35 up 2.70%
PositiveFinancial Markets
Israel's stock market closed on a high note, with the TA 35 index rising by 2.70%. This increase reflects growing investor confidence and positive economic indicators, suggesting a robust market environment. Such gains can attract more investments and boost the overall economy, making it a significant development for both local and international investors.
Retailer shuts down stores in Chapter 11 bankruptcy, more to come
NegativeFinancial Markets
A major retailer has shut down over half a dozen stores as part of one of the year's largest corporate bankruptcies, signaling tough times in the retail sector. This closure not only affects employees and customers but also raises concerns about the overall health of the economy and the future of retail businesses.
Food bank appeals for help due to soaring demand
PositiveFinancial Markets
The Boston Food Bank is reaching out for support as demand for food assistance surges. With many individuals and families facing food insecurity, the organization is asking for donations of non-perishable items to help meet the growing needs of the community. This appeal highlights the importance of community support in times of crisis and encourages everyone to contribute what they can to help those less fortunate.
Walmart is selling a 'convenient' and 'spacious' closet organizer for $30
PositiveFinancial Markets
Walmart is offering a convenient and spacious closet organizer for just $30, providing shoppers with an excellent opportunity to enhance their storage solutions at home. This deal, which includes a $25 discount, is perfect for those looking to declutter and organize their living spaces efficiently. It's a great way to make the most of your closet space without breaking the bank.
Intel quietly makes aggressive move to repair recent failures
PositiveFinancial Markets
Intel is taking significant steps to address its recent challenges by intensifying its turnaround plan initiated earlier this year. This move is crucial as it reflects the company's commitment to recovery and innovation in a competitive tech landscape.
41-year-old sporting goods retailer closing unexpectedly
NegativeFinancial Markets
A 41-year-old sporting goods retailer is closing unexpectedly, with the owner citing the internet and vendors as key factors in this decision. This closure highlights the ongoing challenges traditional retailers face in adapting to the digital marketplace, which can significantly impact local economies and employment.