The post Trump’s federal firings set to hit paychecks and local economies appeared on BitcoinEthereumNews.com. The Trump administration has intensified mass layoffs of federal workers following the government shutdown that kicked off last week. In an X post on October 10, Russell Vought, Director of the Office of Management and Budget, confirmed that “RIFs” — short for reductions in force — have officially commenced. The administration had previously warned that such measures could be implemented across federal agencies. Regarding the layoff, the White House did not state the exact number of federal employees to be affected by the layoff. However, officials hinted at departments that would be affected. This includes departments such as Treasury and Health. These widespread layoffs have raised concerns among individuals as they anticipate that they might significantly increase the economic-related risks associated with the government shutdown. During usual shutdowns, federal employees labeled as non-essential go on furlough and can receive payment for their lost wages once funding resumes. Trump’s decision to lay off federal workers raises heated debates among individuals  Earlier, Trump made public his intention to permanently terminate federal employees from the workforce and threatened workers who were furloughed that they would not receive back pay. The president’s statement has worsened the shutdown’s effects on government employees and the economies they support. Vought, who offered assistance in writing the Project 2025 plan for Republicans to gain control of the White House, strongly advocated for reducing the number of federal workers and making changes to the federal government. On the other hand, Lee Saunders, the president of AFSCME, a powerful group representing government workers, referred to the mass firing as an illegal act and cautioned the Trump administration that implementing such an act could result in devastating effects. “Whether these federal employees are food inspectors, public safety workers, or perform many other public service roles that enable America to keep running, federal workers… The post Trump’s federal firings set to hit paychecks and local economies appeared on BitcoinEthereumNews.com. The Trump administration has intensified mass layoffs of federal workers following the government shutdown that kicked off last week. In an X post on October 10, Russell Vought, Director of the Office of Management and Budget, confirmed that “RIFs” — short for reductions in force — have officially commenced. The administration had previously warned that such measures could be implemented across federal agencies. Regarding the layoff, the White House did not state the exact number of federal employees to be affected by the layoff. However, officials hinted at departments that would be affected. This includes departments such as Treasury and Health. These widespread layoffs have raised concerns among individuals as they anticipate that they might significantly increase the economic-related risks associated with the government shutdown. During usual shutdowns, federal employees labeled as non-essential go on furlough and can receive payment for their lost wages once funding resumes. Trump’s decision to lay off federal workers raises heated debates among individuals  Earlier, Trump made public his intention to permanently terminate federal employees from the workforce and threatened workers who were furloughed that they would not receive back pay. The president’s statement has worsened the shutdown’s effects on government employees and the economies they support. Vought, who offered assistance in writing the Project 2025 plan for Republicans to gain control of the White House, strongly advocated for reducing the number of federal workers and making changes to the federal government. On the other hand, Lee Saunders, the president of AFSCME, a powerful group representing government workers, referred to the mass firing as an illegal act and cautioned the Trump administration that implementing such an act could result in devastating effects. “Whether these federal employees are food inspectors, public safety workers, or perform many other public service roles that enable America to keep running, federal workers…

Trump’s federal firings set to hit paychecks and local economies

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The Trump administration has intensified mass layoffs of federal workers following the government shutdown that kicked off last week.

In an X post on October 10, Russell Vought, Director of the Office of Management and Budget, confirmed that “RIFs” — short for reductions in force — have officially commenced. The administration had previously warned that such measures could be implemented across federal agencies.

Regarding the layoff, the White House did not state the exact number of federal employees to be affected by the layoff. However, officials hinted at departments that would be affected. This includes departments such as Treasury and Health.

These widespread layoffs have raised concerns among individuals as they anticipate that they might significantly increase the economic-related risks associated with the government shutdown. During usual shutdowns, federal employees labeled as non-essential go on furlough and can receive payment for their lost wages once funding resumes.

Trump’s decision to lay off federal workers raises heated debates among individuals 

Earlier, Trump made public his intention to permanently terminate federal employees from the workforce and threatened workers who were furloughed that they would not receive back pay. The president’s statement has worsened the shutdown’s effects on government employees and the economies they support.

Vought, who offered assistance in writing the Project 2025 plan for Republicans to gain control of the White House, strongly advocated for reducing the number of federal workers and making changes to the federal government.

On the other hand, Lee Saunders, the president of AFSCME, a powerful group representing government workers, referred to the mass firing as an illegal act and cautioned the Trump administration that implementing such an act could result in devastating effects.

“Whether these federal employees are food inspectors, public safety workers, or perform many other public service roles that enable America to keep running, federal workers should not be used as pawns in this administration’s political games,” Saunders stated. He further mentioned that they will investigate every legal choice to stop the Trump administration’s illegal attacks on the rights and jobs of public service workers.

Democrats have also commented on the situation. They swiftly criticized the layoffs, with Chuck Schumer, the Minority Leader of the United States Senate, alleging that this is deliberate chaos in America. 

According to Schumer, the Trump administration has thoughtlessly decided to harm people — the workers who protect their nation, check their food, and offer help during emergencies.

US Democrats call for an extension of health insurance subsidies

Some Republicans also appeared uneasy about the move. Senator Susan Collins, a Republican of Maine, said she strongly opposed Vought’s announcement and warned that it would hurt families in her state and elsewhere.

The shutdown began on October 1, when Democrats declined to back a temporary proposed bill that Republicans had hoped would fund the government until late November.

Concerning the proposed bill, Democrats pointed out that they would support it only if Republicans committed to negotiating an extension of health insurance subsidies scheduled to expire at the end of the year, which could potentially increase medical coverage costs for tens of millions of Americans.

Additionally, some Republicans, including Marjorie Taylor Greene, a representative from Georgia, started to raise concerns about their party’s stance, stating that a solution for the expiring healthcare subsidies needs to be found.

Greene shared an X post highlighting that Democrats created this problem in 2010, which worsened in 2021, while Republicans never addressed it.

If you’re reading this, you’re already ahead. Stay there with our newsletter.

Source: https://www.cryptopolitan.com/trumps-federal-firings-set-to-hit-paychecks/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Litecoin Fluctuates Below The $116 Threshold

Litecoin Fluctuates Below The $116 Threshold

The post Litecoin Fluctuates Below The $116 Threshold appeared on BitcoinEthereumNews.com. Sep 17, 2025 at 23:05 // Price Litecoin price analysis by Coinidol.com: LTC price has slipped below the moving average lines after hitting resistance at $120. Litecoin price long-term prediction: bearish The 21-day SMA support helped to alleviate the selling pressure. In other words, the price of the cryptocurrency is above the 21-day SMA support but below the 50-day SMA barrier. This suggests that Litecoin will be trapped in a narrow range for a few days. If the 21-day SMA support or the 50-day SMA barrier is overreached, the cryptocurrency will trend upwards. For example, if the LTC price breaks through the 50-day SMA barrier, it will rise to a high of $124. Litecoin will fall to its current support level of $106 if the 21-day SMA support is broken. Technical Indicators  Resistance Levels: $100, $120, $140 Support Levels: $60, $40, $20 LTC price indicators analysis Litecoin’s price is squeezed between the moving average lines. It is unclear in which direction Litecoin will move. The moving average lines are horizontal in both charts. However, the price bars are limited to the distance between the moving averages. The price bars on the 4-hour chart are below the moving average lines. LTC/USD price chart – September 17, 2025 What is the next move for LTC? On the 4-hour chart, Litecoin is currently trading in a bearish trend zone. The altcoin is trading above the $112 support and below the moving average lines, which represent resistance at $116. The upward movement is hindered by the moving average lines, which are causing the price to oscillate within a limited range. Meanwhile, the signal for the cryptocurrency is bearish, with price bars below the moving average…
Share
BitcoinEthereumNews2025/09/18 08:15
Bad Bunny Tops 2025 Latin Grammy With 12 Nominations, Ca7riel & Paco Amoroso Get 10

Bad Bunny Tops 2025 Latin Grammy With 12 Nominations, Ca7riel & Paco Amoroso Get 10

The post Bad Bunny Tops 2025 Latin Grammy With 12 Nominations, Ca7riel & Paco Amoroso Get 10 appeared on BitcoinEthereumNews.com. Bad Bunny and Ca7riel & Paco Amoroso among the most nominated artists for the 2025 Latin Grammys. Mike Coppola/MG25/Getty Images for The Met Museum/Vogue, Dana Jacobs/WireImage Puerto Rican megastar Bad Bunny leads the 26th Annual Latin Grammy Awards with the most nominations, followed closely by breakout Argentinian experimental trap, hip-hop and pop duo Ca7riel & Paco Amoroso, and prolific music producer Edgar Barrera, who once again ranks among the year’s top nominees. Bad Bunny earned 12 nominations, including Album of the Year for Debí Tirar Más Fotos, Record and Song of the Year for “Baile Inolvidable” and “DtMF​.”​ Songs from his hit album even compete against each other in three categories. Ca7riel & Paco Amoroso received 10 nominations, including Album of the Year for Papota and Record and Song of the Year for “El Día del Amigo” and “#Tetas.” The duo gained widespread popularity following their 2024 NPR Tiny Desk Concert​, which has garnered more than 42 million views to date.​ Five of their nine album tracks are from that performance​. Sought-after music producer Edgar Barrera also secured 10 nominations​ —​ one more than in 2024​ —​ including Songwriter and Producer of the Year. He received additional recognition for his contributions to songs across urban, tropical and regional categories, including Maluma’s “Cosas Pendientes,” Karol G’s “Si Antes Te Hubiera Conocido” and Grupo Frontera’s “Hecha Pa’ Mí.” Other top nominees include Natalia Lafourcade with eight nominations, Liniker with six, and Alejandro Sanz with four. Also in the mix are Rauw Alejandro, Gloria Estefan, Shakira and Rubén Blades. In announcing the nominees, Manuel Abud, CEO of The Latin Recording Academy, highlighted Latin music’s expanding influence. “The impact of Latin music continues to grow on a global level, and all of the nominated artists encompass its diversity and richness while continuing to preserve…
Share
BitcoinEthereumNews2025/09/18 06:41
River Token Plunges 20.8% in 24 Hours: On-Chain Data Reveals Pressure Points

River Token Plunges 20.8% in 24 Hours: On-Chain Data Reveals Pressure Points

River (RIVER) experienced a sharp 20.8% decline to $12.35 within 24 hours, erasing $64 million in market capitalization. Our data analysis reveals concerning volume
Share
Blockchainmagazine2026/03/09 18:04