GovernmentPolicy

US Regulators Reverse Climate Risk Standards for Banks Following Political Pressure

US banking regulators have withdrawn climate-related financial risk standards for financial institutions. The move follows significant pressure from former President Donald Trump and Republican lawmakers who argued climate considerations had become overly influential in financial regulation.

Regulatory Shift on Climate Risk Management

United States banking regulators have reportedly reversed course on requiring financial institutions to detail their management of climate-related financial risks, according to recent statements from federal agencies. The decision comes after sustained pressure from former President Donald Trump and Republican Party lawmakers who have consistently argued that climate considerations were exerting undue influence on banking oversight.

GovernmentPolicy

Government Shutdown Day 15: White House Warns of Job Cuts, Court Halts Firings Amid Political Standoff

The White House warns over 10,000 federal jobs could be eliminated as a court temporarily blocks mass firings during the 15-day government shutdown. Political leaders exchange accusations over responsibility for the stalemate, centered on healthcare funding disputes and allegations of targeted budget maneuvers.

Shutdown Enters 15th Day With Court Intervention

The federal government shutdown entered its 15th day as a court temporarily halted planned mass firings while the White House warned more than 10,000 jobs could be cut, according to reports. The Office of Management and Budget had instructed federal agencies to formulate plans for mass layoffs, identifying programs whose discretionary funding expired October 1st and those not aligning with administration priorities.

GovernmentPolicy

Government Shutdown Enters Day 15: Economic Impact, Political Blame Game Intensifies

The federal government shutdown has entered its 15th day with analysts warning of $15 billion daily economic impacts. Political leaders continue trading accusations as 750,000 federal workers face furloughs and critical services experience disruptions.

Government Shutdown Economic Impact and Political Fallout

The federal government shutdown has entered its 15th day, with economic analysts warning the stalemate could cost $15 billion daily according to reports from financial experts. The political impasse shows no signs of resolution as both parties continue trading accusations over responsibility for the funding lapse that has furloughed hundreds of thousands of federal workers and disrupted numerous government services.

GovernmentPolicy

** Government Shutdown Crisis Deepens as Mike Johnson Sees No Endgame in Sight

** The government shutdown enters its 13th day with House Speaker Mike Johnson acknowledging no resolution in sight. Federal workers face mass layoffs while healthcare subsidies for millions of Americans hang in the balance. The stalemate continues to impact museums, airports, and government operations nationwide. **CONTENT:**

House Speaker Mike Johnson admitted he sees no endgame in sight for the ongoing government shutdown now entering its 13th day, creating widespread disruptions across federal operations and putting thousands of jobs at risk. Standing alone at the Capitol, the Louisiana Republican appeared unaware of details surrounding the thousands of federal workers being fired by the Trump administration in what critics call a strategic move to reduce government scope during the crisis. according to recent analysis of the unprecedented layoffs.