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U.S. Treasury warns shutdown fallout is ‘worse and worse’ for the economy

Treasury Secretary warns the U.
On 9 November 2025, U.S. Treasury Secretary Scott Bessent cautioned that the ongoing federal government shutdown is causing escalating damage to key sectors and public finances.
The shutdown has disrupted services, furloughed federal staff and delayed official data releases, adding uncertainty to the economic outlook. Bessent stated that the longer the impasse continues, the higher the risk of long-term structural consequences.
Senate impasse remains, and analysts estimate the ongoing pause could shave 1–2 percentage points off Q4 GDP growth.