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@ Levka
2025-03-04 20:33:55
#GovernmentShutdown
"DOGE’s takeover of the Treasury payment system has experts worried that, in the event of a government shutdown, the Trump administration could simply leverage its control of these payment systems to make sure favored programs remain funded while disfavored ones do not.
'There’s some fear that the Trump administration will try to go it alone and essentially try to [operate the federal government] primarily through executive order and the judicial system,' State Street’s Arone said. 'And that just suggests greater uncertainty for investors. It’s just such a departure from the historical norms of how previous administrations have [governed], and markets are unsettled by that.'"
https://www.morningstar.com/news/marketwatch/2025030479/why-markets-are-missing-risks-of-a-trump-government-shutdown