Bloomberg Daybreak: US Edition

White House Issues Shutdown Warning; Kimmel Attracts Record Audience

11 snips
Sep 25, 2025
The White House has issued a warning about potential mass firings as agencies prepare for a possible government shutdown. President Trump is set to meet Pakistan’s Prime Minister, signaling improved U.S.-Pakistan relations. Meanwhile, Jimmy Kimmel's return to late-night TV attracted a record 6.26 million viewers, far exceeding his usual numbers. Discussions also touch on Fed policy expectations and intriguing developments from Intel and HSBC in tech and finance.
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INSIGHT

Shutdown Plans Escalate Beyond Furloughs

  • The OMB memo asks agencies to draft plans to fire nonessential workers if funding lapses, a significant escalation from usual furloughs.
  • This raises the stakes in shutdown negotiations by tying program alignment to administration priorities.
INSIGHT

Courts Face Imminent Funding Shortfall

  • The federal judiciary warns it may run out of funds to fully operate as soon as October 3 if Congress doesn't act.
  • Tight budgets limit the courts' ability to extend operations beyond that date.
INSIGHT

Diplomacy Aims To Reset Trade And Defense Deals

  • President Trump will meet Erdogan and Pakistan's Shehbaz Sharif as ties with both countries ease and trade deals are discussed.
  • Meetings could clear the way for major energy and defense deals worth billions.
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