US News
LAST UPDATE: October 2, 2025
White House freezes funds for Democratic states in shutdown slap
The administration froze approximately $26 billion of federal funds earmarked for Democratic-leaning states as part of shutdown actions. (Reuters)
Insight
Political leverage via fiscal controls may intensify partisan tensions and hurt state budgets.
Chicago Fed President Says Lack of Data During Shutdown Is “Problematic” For Central Bankers
Chicago Fed President Austan Goolsbee warned that with key government economic data unavailable due to the shutdown, the Fed faces challenges in policy decisions. (ブルームバーグ)
Insight
Central banks may turn more cautious or conservative amid uncertainty when standard economic indicators go dark.
