Trump administration proposes cutting USD 1.5bln, over 9,400 TSA workers in budget request, according to reports
The proposed cuts to TSA staffing reflect a tightening of the federal budget, potentially impacting economic sentiment and consumer confidence.
Iran Foreign Minister, in call with Qatari counterpart, says Iran is interested in developing ties; current situation is strictly due to US-Israeli aggression
US War Secretary Hegseth says today will be largest volume of strikes since day one of Iran operation; tomorrow, will be even more
Trump administration proposes cutting USD 1.5bln, over 9,400 TSA workers in budget request, according to reports
Fed's Goolsbee (2027 Voter) and Hammack (2026 Voter) both see inflation as a bigger problem than employment, via Reuters citing joint interview with Planet Money podcast (taped last Wednesday, pre-NFP)
IRGC says they downed a US MQ9 drone over Qeshm
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While the direct effects on currency markets might be subdued, the long-term implications could affect risk appetite across assets including equities and commodities, particularly if this trend of austerity signals broader government fiscal policy changes.
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