33,000 jobs lost in June, Trump's tax bill hits resistance from House Republicans

Morning Brief anchor Brad Smith breaks down the latest financial news for July 2, 2025. The ADP payroll data report was released today. It indicated that 33,000 jobs were lost in June, despite economists estimating nearly 100,000 jobs would be added. This may indicate that the economy is not as strong as previously suggested. President Trump's tax bill may be facing resistance from moderate to ultra-conservative House Republicans, who are threatening to defy the President and sink his domestic agenda as Hou ...