Federal Cuts or Political Bluff?
Walter Todd on World Business Report

October 4, 2025 – BBC World Business Report

Are layoffs in sight for federal workers? Walter Todd joined Sam Fenwick to discuss whether the Trump administration’s threat of federal job cuts was an empty threat to the Democrats or a wish for smaller government. He also covered how the lack of government data is impacting the price of gold, why OpenAI is the most valued company in the world, despite not turning a profit, and how Japan’s upcoming election is emblematic of how economic uncertainty creates political instability.

Walter’s segments are at 12:00 and 24:30.

Listen to the full interview here.

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Greenwood Capital is an SEC registered investment advisory firm. This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on solely for tax, legal or accounting advice.

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