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LIVE: House Democratic Leader Rep. Hakeem Jeffries speaks on the government shutdown — 10/1/2025
CNBC Television· 2025-10-01 16:03
Government Shutdown - US government shut down early Wednesday morning, leading to furlough of federal workers and closure of key programs [1] - Shutdown occurred after Democrats and Republicans failed to agree on a short-term funding deal [1] Political Stance - House Democratic Leadership, including Hakeem Jeffries, Katherine Clark, and Pete Aguilar, held a news conference on the government shutdown [1] - Democrats, led by Chuck Schumer and Hakeem Jeffries, demand that any stopgap funding measure include an extension of enhanced Obamacare tax credits [1] Media & Resources - CNBC provides live and exclusive video coverage [1] - CNBC offers various online platforms for news and updates, including website, LinkedIn, Instagram, Facebook, Threads, X, and WhatsApp [1]
Trump 'obsessed' with tax breaks for billionaires and not fixing health care: Dem Rep.
MSNBC· 2025-10-01 15:11
Government Shutdown & Political Blame - The government shutdown is ongoing, with Republicans and Democrats blaming each other [1] - A poll indicates Republicans receive more blame for the shutdown than Democrats, though a significant portion are unsure or blame both parties [5] - Congressional Republicans have a 10% higher approval rating (35%) than congressional Democrats (25%) [6] Healthcare & Budget Concerns - The shutdown is attributed to Donald Trump's focus on tax breaks for billionaires, neglecting healthcare challenges [4] - Healthcare premiums are expected to increase significantly for individuals on the Affordable Care Act [4][11] - The Republican budget is criticized for cutting healthcare, potentially leading to skyrocketing premiums [7] - Democrats are urged to resist Trump's budget to prevent healthcare costs from rising [16] Economic Impact & Affordability - Rising costs of housing and groceries are compounded by potential increases in healthcare costs [7][8][12][14] - The American public is demanding that Donald Trump fulfill his campaign promises to lower costs for Americans [14]
House Speaker Mike Johnson: The longer this shutdown goes on, the more pain will be inflicted
CNBC Television· 2025-10-01 14:37
speaker is giving us an update right now on the shutdown. >> Tens of thousands of visitors here, family, you have school groups that come and visit. They they walk these grounds.Uh we have about 7,000 people who visit this capital each and every day. But today, that's not going to be the case. Today, America's boys and girls will walk up to these doors and they'll see something different, a sign that says closed until further notice.And that's because at midnight, the Democrats followed through on their thr ...
X @Forbes
Forbes· 2025-10-01 14:33
In this issue of Forbes Daily:- The first government shutdown since 2019 began after midnight on Wednesday- Trump said Harvard University will pay $500 million to settle its dispute with the federal government- Trump announced a direct-to-consumer website called “TrumpRx”Read more: https://t.co/o7ONhFSWGa ...
LIVE: Schumer, Jeffries and Dem lawmakers hold news conference amid government shutdown
MSNBC· 2025-10-01 14:25
Watch live coverage as Democratic minority leaders Rep. Hakeem Jeffries (D-N.Y) and Sen. Chuck Schumer (D-N.Y.) speak to the press after the U.S. government officially shut down at midnight after Congress and the White House failed to reach an agreement on how to extend federal funding. The clash comes after months of political warfare between the two parties, with Democrats demanding provisions to extend health care funding — most notably Obamacare subsidies set to expire and raise people’s premiums at the ...
LIVE: House Democratic Leader Rep. Hakeem Jeffries speaks on government shutdown — 10/1/2025
CNBC Television· 2025-10-01 14:20
House Minority Leader Rep. Hakeem Jeffries (D-N.Y.) holds a news conference on the government shutdown. The United States government shut down early Wednesday morning, setting the stage for the furlough of hundreds of thousands of federal workers and the shuttering of a slew of key programs and services. The full shutdown began after top Democrats and Republicans, including President Donald Trump, failed to agree on a short-term deal to keep the government funded. Democrats, led by Sen. Chuck Schumer and Re ...
Government shutdown risks snarling Wealthfront’s IPO plan
Yahoo Finance· 2025-10-01 14:09
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: California-based robo-adviser Wealthfront publicized the paperwork for its upcoming initial public offering on Monday. The timing of a government shutdown, which began at midnight Wednesday, may complicate the company’s plan to go public. During the shutdown, routine company filings with the Securities and Exchange Commission will continue, but the ag ...
X @Investopedia
Investopedia· 2025-10-01 14:01
While a government shutdown won't prevent Social Security checks from going out or interrupt Medicare coverage, parts of the programs may slow down or shutter for the duration. https://t.co/Nvt2PqN6Ky ...
X @CNN
CNN· 2025-10-01 13:56
US private sector employment fell in September. The government shutdown will likely delay Friday's release of the official monthly jobs report.https://t.co/i6LR46Ku7P ...
X @CNN Breaking News
CNN Breaking News· 2025-10-01 13:56
US private sector employment fell in September. The government shutdown will likely delay Friday's release of the official monthly jobs report.https://t.co/oOg71E3apb ...