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BumRushDaShow

(162,518 posts)
Mon Oct 13, 2025, 05:11 PM Oct 13

US Treasury chief says government shutdown is hitting economy [View all]

Source: Reuters

October 13, 2025 8:31 AM EDT Updated 8 hours ago


WASHINGTON, Oct 13 (Reuters) - The U.S. federal government shutdown is starting to impact the nation's economy, U.S. Treasury Secretary Scott Bessent said on Monday as the closure entered its 13th day.

"This is getting serious. It's starting to affect the real economy," he told Fox Business Network's "Mornings with Maria" program, without offering more detail.

Bessent added that in order to allow paychecks to U.S. military service members, the government was having to hold back on payments to other federal workers and services in areas such as Smithsonian museums and the National Zoo.

"We are having to shuffle things around. We are having to furlough workers here in DC and around the country," Bessent said in the interview.

Read more: https://www.reuters.com/world/us/us-treasury-chief-says-government-shutdown-is-hitting-economy-2025-10-13/

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