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The Trump administration is threatening to lay off thousands of federal workers if the government shutdown continues. Amid the lapse in congressional appropriations that began Oct. 1, President Donald Trump has signaled plans to cut “Democrat Agencies” and “Democrat programs,” without specifying which agencies and programs he had in mind. And he has repeatedly warned…
The U.S. Capitol in Washington, D.C., is seen on a cloudy and foggy morning, March 6, 2024. Kevin Dietsch | Getty Images The White House warned federal agencies to prepare for mass firings if Congress does not reach a deal to fund the government before next Wednesday. A memo released Wednesday by the Office of…
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | Reuters As the Trump administration escalates its criticisms of the Federal Reserve and Chairman Jerome Powell, the central bank is…