The Trump Administration Has Begun Firing Federal Employees

US Stocks News
The Trump administration began laying off federal employees. The budget shortfall following the 2025 fiscal year threatens the balance of guaranteed federal operations.

Effects on Federal Employees

On the social media platform of the X company based in the USA, OMB Director Vought shared a post stating, "Staff reductions have begun." This development draws attention as part of the Trump administration's efforts to increase its impact on federal employees for the fiscal year 2025.

Meetings for Layoffs Are Being Held

Last week, President Donald Trump announced that he would hold an important meeting with Vought to determine in which federal agencies layoffs would be carried out. This situation is further clouding the future of the federal workforce.

Budget Closure and Employee Leave Status

In the United States, following the fiscal year 2025 that ended on September 30, the federal government was unable to pass the temporary budget proposal that needs to be approved by Congress before transitioning into the new fiscal year. This situation has led to many federal employees being put on leave due to the inability to pass a temporary budget proposal that would allow federal public agencies to continue their operations.

Inter-Party Stalemate Continues

As the funding shortfall of the federal government enters its tenth day, Republicans and Democrats still have not reached an agreement on the temporary budget proposal. During the budget impasse in Washington D.C., the fourth voting rounds in the Senate resulted in both Republicans' and Democrats' budget proposals failing to secure enough votes.

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Trump, federal workers, budget proposal, layoffs, Washington, Vought

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