New York's Fannie Mae and Freddie Mac offices will shut down, Fox Digital learned, in response to NY Attorney General Letitia James' "corrupt" business practices.
White House press secretary Karoline Leavitt speaks during a press briefing at the White House on Oct. 1, 2025. Madalina Kilroy/The Epoch Times White House press secretary Karoline Leavitt told reporters on Thursday that the number of federal employees who are being laid off amid the government shutdown will be in the thousands. “It’s likely
House Speaker Mike Johnson blames Democrats for the ongoing government shutdown, saying they rejected a clean funding bill without Republican provisions.
Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill on June 11, 2025. Madalina Vasiliu/The Epoch Times Treasury Secretary Scott Bessent said on Oct. 2 that the federal government would offer “substantial support” to American farmers as China refuses to buy soybeans, indicating that an announcement would come on
President Donald Trump in Quantico, Va., on Sept. 30, 2025. Alex Wong/Getty Images President Donald Trump on Oct. 2 touted the ongoing government shutdown as an opportunity to target various federal agencies, saying he will meet with the head of the Office of Management and Budget (OMB) to determine the next steps. Trump said in
Treasury Secretary Scott Bessent blamed Democrats for shutting down the government on Thursday morning, saying on CNBC’s “Squawk Box” that “this is a choice that Schumer and Hakeem Jeffries have made, and if they want to shut the government down, then there are ramifications.” Asked whether President Trump and OMB Director Russ Vought are looking
Washington — The fight over funding the government is likely to be a costly one. Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage points, according to an estimate published by EY-Parthenon chief economist Gregory Daco. That cost is a function of reduced pay