Yellen Warns of Severe Economic Impact from Prolonged US Shutdown

The ongoing US government shutdown continues into November 2025, with Treasury Secretary Janet Yellen warning of its dire economic consequences. The shutdown’s impact has been felt across markets and government operations, with federal workers remaining unpaid for weeks and key programs halted. This prolonged shutdown threatens to significantly slow the economy, disrupt crucial government spending, and destabilize financial markets, according to Yellen’s assessment.