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May Jobs Report: w/JPMorgan’s Chief Strategist, Goldman’s Chief Economist; Plus: Trump vs. Musk Latest 6/6/25

Squawk on the Street

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Unraveling the Impoundment Act and Market Moves

This chapter delves into the implications of proposed spending cuts by the White House and examines the executive branch's authority over funding allocations. It highlights the legal tensions between Congress and the executive branch under the Impoundment Act, while also touching on market reactions to a new company's stock performance.

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