The Takeout with Major Garrett, 10/29/25

President Trump is set to meet with Chinese President Xi Jinping tonight. Weijia Jiang is in South Korea on what to expect from both sides. The Federal Reserve announces a rate cut today. Kelly O’Grady reports from the New York Stock Exchange about why this cut was made and what it means for consumers moving forward. As the government shutdown reaches day 29, Ed interviews New York Democratic Representative Laura Gillen about impending SNAP cuts and the upcoming mayoral race. Plus, in less than a week, California voters will decide whether to approve new congressional maps that will favor Democrats. California Republican Kevin Kiley joins Ed to discuss his opposition to Prop 50, while labor union leader David Huerta signals why he supports the ballot measure. Tune in to the full episode here!