Government Shutdown Impact - The duration of the government shutdown is unpredictable, influencing its overall impact [1] - Government shutdowns are typically short-lived due to political pressure, but current circumstances present increased risk [1] - The shutdown will delay the release of the jobs report [1] Federal Reserve (The Fed) Policy - The shutdown complicates the Fed's path towards potentially cutting interest rates two more times by the end of the year [2] - The Fed will have access to fewer data series, impacting their decision-making process [2] - The Fed will rely on private data sources to assess the September job situation and inflation [2][3] - The Fed might proceed on a pre-set course, potentially implementing another rate cut at the end of October [3]

Getting some breaking news on the case regarding Fed Governor Cook. Let's get to Aiman Jabers. Hey Aman >> Carl.That's right. The Supreme Court is saying it's going to have arguments in January of 2026 on this uh on this case involving Lisa Cook and the Federal Reserve. Remember the president's been trying to push her out with allegations of mortgage fraud.A lower court had ruled that she could stay on the uh Federal Reserve Board while the case was pending. uh the Trump administration filed asking for a st ...

Hey, I'm Joe Frier. >> And I'm Savannah Sers. We are going to begin this morning with the countdown to a government shutdown. So, top congressional leaders from both sides of the aisle. They left a high stakes meeting with President Trump yesterday. This was without a deal, though. They have until midnight tonight to reach an agreement or face that partial shutdown. It could end up leaving millions of federal workers without pay disruptions to government programs and services. >> Senate Republicans need at ...

💥BREAKING:🇺🇸 Bureau of Labor Statistics says it will not release economic data including the jobs report on Friday, if US government shuts down. ...

Economy & Monetary Policy - Discusses the current state of the economy [1] - Explores whether the Fed and government have effectively eliminated bear markets [1] - Considers whether the Fed should cut interest rates by 50 basis points (0.5%) [1] Cryptocurrency - Analyzes the current situation and potential breakout of Bitcoin [1] Technology & Innovation - Covers Tesla, humanoid robots, and Elon Musk's ventures [1] - Touches on artificial intelligence [1] Energy & Housing - Raises concerns about electricity prices [1] - Addresses the national housing crisis and potential solutions [1]

Joining me now is Kevin Hasset, director of the National Economic Council. Thank you so much for joining us this afternoon. We really appreciate it. >> Well, it's great to have you. I do want to start off uh with your reaction to the August jobs report. As you know, just 22,000 jobs were created last month and revisions showed the US actually lost jobs in June. That's the first month of job losses since the pandemic. Is this a warning sign about the state of the labor market? Well, right now when we're look ...

A limp jobs report may show that the market is about to climb or about to sink, as Trump again demands lower rates https://t.co/2QNqYEd3al ...

It is time for money power politics and tonight this is serious. NBC News can confirm that the Justice Department has opened a criminal probe into Federal Reserve Governor Lisa Cook. The probe, which was first reported by the Wall Street Journal, centers upon whether Cook submitted fraudulent information on mortgage applications.Subpoenas have reportedly already been issued. Her attorney, Abby Lol, responded to the probe today, accusing the Trump administration of quote scrambling to invent new justificatio ...

Miller Jipal, a Democrat of Washington State. >> So, Congressman, we've got inflation still an issue. You got tariffs wrecking the US economy, and now on top of that, you have a loyalist running the uh Bureau of Labor Statistics.I thought Donald Trump was voted into office to handle the economy. Almost a single issue he was supposed to be focused on. What happened.>> Well, I think that he lied. He lied to people and said that he was going to bring down costs on day one. And the reality is that that is not a ...

Nomination & Political Context - Trump plans to nominate EJ Antony, Heritage Foundation's chief economist, to head the Bureau of Labor Statistics [1] - Steve Bannon supports Antony's nomination [1] - Antony is a skeptic of the Bureau of Labor Statistics and a contributor to Project 2025 [2] - Antony praised the June jobs report before revisions [3] - Antony is perceived as someone who praises Donald Trump and his policies [3][4] Potential Impact & Concerns - Concern exists whether Antony will provide unbiased statistics on the US economy's health [4]