US News
LAST UPDATE: October 3, 2025
Trump says there could be firings and project cuts if shutdown continues
Trump warned that if a U.S. government shutdown persists, he may dismiss federal workers and cut public infrastructure projects.
Insight
Such threats heighten political risk and could stall infrastructure and stimulus efforts in the short run.
Democrats Dismiss Trump Firing Threats as US Shutdown Drags On
Democratic leaders downplayed Trump’s talk of mass firings, characterizing it as political posturing as the shutdown continues.
Insight
The exchange underscores partisan gridlock and the limited leverage either side holds over ongoing budget impasse.
US Bank Reserves Decline Further Below Key $3 Trillion Mark
U.S. bank reserves fell further below the $3 trillion threshold, signaling tightening liquidity in the banking system.
Insight
Persistently falling reserves may pressure short-term rates and complicate Fed’s ability to manage monetary operations.
Trump Declares Cartels in ‘Armed Conflict’ With US Military
Trump labeled drug cartels as engaged in “armed conflict” with U.S. forces, suggesting a more aggressive military posture.
Insight
The framing could justify escalated enforcement or military intervention, and raises debate over domestic versus foreign military use.
