Shutdown Hits Growth And Hurts American Workers, Bessent Says

January,16,,2025,-,Washington,Dc:,The,Senate,Finance,Committee

Treasury Secretary Scott Bessent warned Thursday that the ongoing government shutdown is more than a political standoff — it’s a direct threat to economic momentum and American livelihoods.

Speaking on CBNC’s Squawk Box placed the blame on Senate Majority Leader Chuck Schumer, arguing that "the American people are being held hostage" by internal Democratic Party politics.