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Trump calls shutdown 'unprecedented chance'

Financial Express Ahmedabad

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October 03, 2025

PRESIDENT TRUMP SAID on Thursday that he would meet with his budget chief to determine which “Democrat agencies” he could try to cut, relishing the government shutdown as an “unprecedented opportunity” to achieve his agenda.

Trump did not specify in a post on social media whether he sought to slash spending or lay off federal workers, both of which he has threatened following the lapse in federal funding.

Rather, the president said his discussion with Russell T Vought, the White House budge director, would touch on “whether or not those cuts will be temporary or permanent.”

Trump’s comments reinforced his view that he sees political advantage in the governmentwide closure, which began at midnight on Wednesday after congressional Democrats and Republicans failed to strike a deal.

Rather than seek to broker a resolution, the president has focused on leveraging the standoff, aiming to carry out his long-sought reconfiguration of Washington while inflicting pain on his political adversaries.

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FMCG growth slips in November, but rural gallops

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'Pvt investment in biopharma needs govt risk-sharing'

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MFs deploy ₹14,215 cr in Nov

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1 min

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Delhi AQI at 461 sets record for 2nd-worst Dec day

THE AQI IN Delhi climbed to 461 on Sunday and marked the city’s most polluted day this winter and the second-worst December air quality day on record, as weak winds and low temperatures trapped pollutants close to the surface.

time to read

2 mins

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OpenAI scraps equity vesting policy

OPENAI TOLD STAFF that it was ending its policy requiring employees to work for at least six months at the company before their equity vests, the Wall Street Journal reported on Saturday, citing unnamed people familiar with the matter.

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1 min

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Financial Express Ahmedabad

Travel insurance pays for non-refundable expenses

YOUR MONEY: FLIGHT CANCELLATIONS

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2 mins

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