US Government Turmoil: Policies, Politics, and Economic Ripple Effects

A multifaceted view of recent US domestic news highlights the impact of Donald Trump's policies and decisions, including reductions in international student enrollments, targeted cuts to government agencies, and firings of federal prosecutors. The domino effects manifest in various sectors, from education funding to pharma deals, impacting economic growth and market stability.

Amidst ongoing challenges in the U.S., universities like DePaul are facing financial strain due to a sharp drop in international enrollments, a consequence of stringent policies under former President Trump. These institutions are considering a range of financial austerity measures, from spending reductions to hiring freezes, to manage their budgets.

In Washington, President Trump deliberates on cutting funds to 'Democrat Agencies' during a government shutdown, a move perceived as politically motivated. Meanwhile, a federal appeals court is reconsidering a ruling that mandates airlines disclose all fees at the time of booking, stirring industry interest.

The broader economic picture is complicated by the federal government's shutdown, delaying key employment data and creating uncertainties for Federal Reserve policy decisions. Despite these challenges, Trump's administration continues to press pharmaceutical companies for production increases, reflecting strategic interests prior to midterm elections.

(With inputs from agencies.)