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Trump Faces Fallout from Cost-Cutting and Epstein Links

11/17/2025

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Story summary
  • U.S. President Donald Trump will feel the impact of the Trump administration's cost-reduction efforts in early 2026, according to Treasury Secretary Scott Bessent.
  • The remarks were made during a Fox News interview on October 22, 2025.
  • The statement comes amid bipartisan pressure on Trump to release additional Epstein files after messages linking him to the convicted sex offender emerged.