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Oct 2, 2025  |  
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NextImg:Treasury Secretary Scott Bessent Outlines Ramifications of Dem Shutdown Day #2 - The Last Refuge

Treasury Secretary Scott Bessent appears on CNBC to discuss the second full day of the government shutdown and the potential ramifications therein.

Office of Management and Budget Director Russ Vought is meeting with President Trump today to discuss the facets of the government that will be closed and for the duration therein.  Secretary Bessent is asked if the furloughs will be a long-term feature of the backfire created by the Democrat strategy.

Bessent reemphasizes he personally joined the Trump administration to shrink the scale of government spending, and the administration is not going to flinch on any CR agreement that backtracks on existing spending reductions.  WATCH:

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