U.S. Labor Secretary Lori Chavez-DeRemer addresses the Federal Reserve’s potential rate cuts amid economic concerns. She also responds to a judge’s temporary halt on President Trump’s initiative to lay off thousands of federal workers, highlighting the implications for employment and the economy.
U.S. Labor Secretary Discusses Fed Rate Cuts
Chavez-DeRemer emphasizes the importance of monitoring the economy as the Fed considers interest rate adjustments in response to job market fluctuations.
Trump’s Layoff Plan Blocked
A judge has temporarily blocked President Trump’s plan to lay off thousands of federal workers, raising questions about job security and the administration’s employment strategies.