U.S. Economic Growth Faces Challenges Amid Government Shutdown

According to BlockBeats, U.S. Treasury Secretary Besant stated on Wednesday that the wave of investment flowing into the American economy is sustainable and just beginning. However, the current federal government shutdown is increasingly becoming an obstacle. Speaking at an event during the International Monetary Fund and World Bank annual meetings in Washington, Besant noted that there is pent-up demand in the market, which U.S. President Donald Trump has unleashed through his policies, fueling economic prosperity. He added that the only factor slowing progress is the government shutdown. Besant highlighted that the shutdown is causing the U.S. economy to lose approximately $15 billion in output daily.