Treasury Secretary Bessent: Government shutdown starting to hurt the economy 'up to $15B a day'
Youtube·2025-10-15 13:01

Investment Boom - The current investment boom in the U.S. is characterized by significant foreign direct investment, totaling approximately $1 trillion over the Biden administration, with $250 billion occurring last year [2][3] - The boom is attributed to pent-up demand and favorable policies introduced by the Trump administration, including trade tax and regulatory certainty [3][4] Government Shutdown Impact - The ongoing government shutdown is seen as a major obstacle to economic growth, with estimates suggesting it could be costing the economy up to $15 billion per day [12] - The shutdown is negatively affecting small business confidence, which had previously been strong [12] Political Dynamics - There is a call for moderate Democrats to collaborate with Republicans to reopen the government, which could enhance their political standing [7][9] - The current political climate is described as being influenced by radical elements within the Democratic Party, which may be hindering bipartisan cooperation [10][11]