{"content":"⚠️ The Shutdown Turns Serious: Treasury Secretary Bessent Warns of Real Economic Damage U.S. Treasury Secretary Scott Bessent has sounded the alarm, warning that the ongoing federal government shutdown has moved beyond political gridlock — it’s now inflicting real harm on the U.S. economy. As the funding lapse stretches into another week, the effects are becoming tangible, weighing on federal employees, essential services, and overall economic momentum. ⸻ 🔍 Immediate Fallout Fund Reallocation: Bessent revealed that the Treasury has been forced to “shuffle things around” to cover critical payments. Ensuring paychecks for military personnel now comes at the expense of other services — including operations at the National Zoo and Smithsonian museums. Mass Furloughs: Federal employees are being furloughed nationwide, placing financial stress on families and local economies that depend on federal income streams. Service Disruptions: Key functions like agricultural aid programs are now stalled, directly affecting farmers and rural communities. Data Blackout: The shutdown has paused the release of vital Treasury and labor data, including GDP and jobs reports — leaving investors and policymakers navigating a growing “blind spot.” ⸻ Bessent cautioned that this shutdown may cause greater economic damage than previous ones, urging Congress to act swiftly to protect growth and working Americans. $BEL $BAT $FF #USGovShutdown #MacroUpdate #CryptoNews #MarketImpact {spot}(BELUSDT) {spot}(BATUSDT) {spot}(FFUSDT)","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/14/b8dabce6763f4546b03c8662b8e364ca.png"],"tags":[],"tradingPairs":["BEL/USDT"],"quotearticleid":0}