Treasury Secretary Scott Bessent warned on Sunday that holiday shopping could be affected by the government shutdown and the corresponding reduction of air traffic.

In an interview on ABC News’s “This Week” with George Stephanopoulos, the Treasury secretary addressed the wide-reaching economic consequences of the shutdown. He pointed to the reduced flight activity, which affects not only travelers, but also cargo shipments.

“And we've seen an impact on the economy from day one, but it's getting worse and worse. We had a fantastic economy under President Trump the past two quarters. And now there are estimates that … economic growth for this quarter could be cut by as much as half, if the shutdown continues,” Bessent said.

Bessent pointed to the “human cost” of the Federal Aviation Admin

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