Vance Says US Govt Headed for Shutdown After Talks With Democrats | The Pulse 09/30/2025

Vice President JD Vance said he believes the US government is on track to shut down, seeking to pin the blame on Democrats one day before federal funding is set to lapse.
“I think we’re headed into a shutdown because the Democrats won’t do the right thing,” Vance said Monday following a meeting with congressional leaders at the White House. “I hope they change their mind, but we’re going to see.”
President Donald Trump met with top Democratic and Republican congressional leaders less than 36 hours before an Oct. 1 shutdown deadline. The two sides left no closer to resolving Democrats’ demands to extend health-care subsidies and reverse Medicaid funding cuts included in Trump’s signature tax legislation.

Today’s guests: Themistoklis Fiotakis, Barclays FX Strategy & EM Macro Strategy Global Head, Antonio Alvarez III, Alvarez & Marsal Europe Head, Robert Dishner, Neuberger Berman Multi Sector Fixed Income Senior Portfolio Manager

Chapters:
00:00:00 – The Pulse
00:01:27 – Vance Says US Govt Headed for Shutdown
00:04:36 – US Shutdown Weighs on Dollar
00:08:17 – Themistoklis Fiotakis, Barclays FX Strategy & EM Macro Strategy Global Head
00:14:07 – China Bans All BHP Iron Ore Cargoes
00:18:18 – Netanyahu Tells Qatar He Regrets Doha Strike
00:21:25 – UK Households Saving More of Their Income
00:22:56 – UK Prime Minister to Address Reform UK Threat
00:25:31 – UBS Says Capital Reforms Could Put Its Swiss Future in Doubt
00:27:27 – Zijin Gold Soars in HK
00:30:18 – Electronic Arts Agrees to $55B Buyout
00:33:45 – Antonio Alvarez III, Alvarez & Marsal Europe Head
00:42:30 – US Democrats Seeking Health-Care Subsidies
00:45:21 – Robert Dishner, Neuberger Berman Multi Sector Fixed Income Senior Portfolio Manager
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