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US Government Shutdown, Trump & Democrats At Impasse | Daybreak Europe 10/1/2025

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, Congress blew past a midnight funding deadline, triggering the US government’s first shutdown in nearly seven years — and the third under President Donald Trump. He has suggested his administration will use this shutdown to conduct mass layoffs of federal workers. European leaders are meeting in Copenhagen to discuss the future of defense in the wake of Russian incursions in NATO airspace. They’re also discussing continued support for Ukraine. Nike shares rose in postmarket trading after the retailer reported first-quarter revenue that beat estimates.

Today’s guests: Reece Chowdhry, Concept Ventures’ Founding Partner.

Chapters:
00:00:00 – Daybreak Europe
00:02:37 – White House Commences Shutdown Plans as Democrats Block Funding
00:02:54 – Trump Says ‘A Lot of Good’ Could Come From Government Shutdown
00:06:35 – White House Pulls Antoni’s Nomination for Head of BLS
00:08:01 – Stock Futures Fall as US Government Nears Shutdown
00:12:03 – European Leaders to Discuss Defense Projects in Copenhagen
00:16:16 – Charlotte Mueller, Swiss Re European Chief Economist
00:22:35 – Wednesday Top Stories
00:29:04 – Reece Chowdhry, Concept Ventures Founding Partner
00:35:54 – Bloomberg’s Women, Money & Power Event in London
00:40:46 – Nike Earnings and CEO’s Turnaround Plan
——–
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