Latest in As DOGE Cuts Ripple, Federal Employees Flock to Reddit for Information and Support
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Federal Agency Dedicated to Mental Illness and Addiction Faces Huge Cuts
The Substance Abuse and Mental Health Services Administration has already closed offices and could see staff numbers reduced by 50 percent.The New York Times - Mar. 13 -
Will the Federal Reserve speed up US rate cuts this year?
Market Questions is the FT’s guide to the week aheadFinancial Times - Mar. 16 -
Some Federal Office Leases Restored After Pushback to Musk Team’s Cuts
The chaotic effort to reduce the government’s real estate portfolio is another example of the setbacks the administration has faced as officials try to carry out President Trump’s agenda.The New York Times - Mar. 17 -
Trump Trade Policies and Federal Cuts Shake Consumer Confidence
The level in the Conference Board’s latest monthly survey was the lowest since January 2021.The New York Times - 1h -
Trump Trade Policies and Federal Cuts Shake Consumer Confidence
The level in the Conference Board’s latest monthly survey was the lowest since January 2021.The New York Times - 1h -
Rippling Sues Deel, a Software Rival, Over Corporate Spying
A lawsuit by Rippling accuses a top competitor, Deel, of placing a mole in its ranks — which it uncovered via a “honeypot” trap on Slack.The New York Times - Mar. 17 -
Trump doubles down on Fed rate cut pressure
President Trump doubled down on pressuring the Federal Reserve to lower interest rates, arguing that the costs of eggs, groceries and gas are down so the central bank can make cuts. “Egg prices are ...The Hill - 4d -
Chicago Fed's Austan Goolsbee sees rate cuts depending on inflation progress
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlook.NBC News - 4d -
DOGE's secrecy to be tested in court with sworn testimony, depositions
Over the next week, several judges have ordered top Trump administration officials to testify about efforts to reduce the size of the federal government.ABC News - Mar. 7 -
Democrats Demand Answers on DOGE’s Use of AI
Members of the House Oversight Committee sent dozens of requests to federal agencies on Wednesday about their use of AI software—and how Elon Musk could benefit.Wired - Mar. 12 -
The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - Mar. 10 -
USPS to cut 10,000 workers through voluntary early retirement program
Postmaster General Louis DeJoy confirmed that the Elon Musk-led DOGE is now working with USPS.CBS News - Mar. 13 -
Crypto's long battle with SEC comes to a close with Ripple victory
Ripple said this week that the SEC had officially dropped its four-year-old lawsuit against the company, ending a long battle between the regulator and crypto.CNBC - 3d -
Pentagon 'cherry picked' studies to support transgender ban, judge says
A judge on Wednesday signaled that she was deeply skeptical that the Pentagon's handling of transgender service members complies with federal law.ABC News - Mar. 12 -
U.S.A.I.D. Official Orders Employees to Shred or Burn Classified and Personnel Records
Union representatives demanded that the aid agency follow the law stated in the Federal Records Act. Defense lawyers argued that officials had not destroyed personnel records and would not destroy ...The New York Times - Mar. 12 -
Fired Federal Workers See Family Members Pile on After the DOGE Axe Falls
The abrupt loss of their livelihoods was tough enough. Now many laid-off government workers report their relatives and friends are celebrating their turmoil.Inc. - Mar. 7 -
DOGE doxx site maps 'Musk World' as Trump AG threatens Tesla vandals with federal charges
Tesla CEO Elon Musk spent hundreds of millions to help President Donald Trump win a second term. His electric vehicle maker is paying a price for that.CNBC - 5d -
DOGE’s Next Casualty? The Women’s Workwear Brand Dressing the D.C. Set
Elon Musk’s government cost-cutting efforts have unintentionally bled into the fashion world.Inc. - Mar. 12 -
Using Starlink Wi-Fi in the White House Is a Slippery Slope for US Federal IT
The ad hoc addition to the otherwise tightly controlled White House information environment could create blind spots and security exposures while setting potentially dangerous precedent.Wired - 1d -
USDA cuts funding for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...CBS News - Mar. 13 -
Judge blocks Trump administration plan to cut millions for teacher training
Eight states had requested a temporary restraining order, which judge granted saying ‘programs ... will be gutted’ . A federal judge in Boston on Tuesday blocked the Trump administration’s plan to ...The Guardian - Mar. 12 -
In rural Louisiana, Speaker Mike Johnson’s constituents fear potential Medicaid cuts
In House Speaker Mike Johnson’s backyard, many residents rely on anti-poverty programs to help make ends meet — and are pleading with the Louisiana Republican to protect those benefits as Congress ...NBC News - Mar. 12 -
Cuts to NASA’s budget could derail America’s Mars ambitions
Such major and arbitrary cuts to NASA’s budget would do very little to save money, but they will undercut and decimate one of the most cost-effective programs within the federal government.The Hill - Mar. 13 -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - Mar. 18 -
Columbia agrees to Trump administration's demands after funding cut
Columbia University said Friday it has agreed to a list of demands from the Trump administration as it seeks to begin talks to restore $400 million in federal funding. After the administration cut ...The Hill - 4d -
EU explores new military intelligence satellites to cut reliance on US
Donald Trump’s temporary withdrawal of sharing information with Ukraine has galvanised Brussels’s effortsFinancial Times - Mar. 15 -
The FDA’s Return-to-Office Moment Was More ‘Hunger Games’ Than DOGE Efficiency
Amid job-slashing edicts and back-to-your-desks orders, these federal workers found a headquarters building that wasn’t ready for them.Inc. - Mar. 18 -
Software startup Rippling sues competitor Deel, claiming a spy carried out 'corporate espionage'
Rippling unknowingly hired a person who downloaded internal records and met with leadership at competitor Deel, the lawsuit claims.CNBC - Mar. 18 -
XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company
Ripple CEO Brad Garlinghouse said Wednesday that the SEC is no longer pursuing its appeal in the case against the payments company.CNBC - 6d -
SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says
Ripple has agreed to withdraw its cross-appeal, Chief Legal Officer Stuart Alderoty said on X Tuesday.CNBC - 2h -
Health agencies brace for layoffs with RFK Jr.'s restructuring of HHS
HHS Secretary RFK Jr., with help from DOGE, is planning a restructuring with sweeping cuts expected at multiple agencies.CBS News - 3d -
Oz dodges questions about Medicaid cuts in confirmation hearing
Dr. Mehmet Oz, President Trump’s pick to lead the Centers for Medicare and Medicaid Services (CMS), dodged questions from Democrats on Friday about whether he supported potential cuts to Medicaid. ...The Hill - Mar. 14 -
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.ABC News - Mar. 11 -
Accenture Confirms Revenue Drop as DOGE Reviews Consulting Contracts
Elon Musk’s offensive against federal spending is clawing back some of the $65 billion in consulting contracts, some of the most prominent private sector companies to be affected.Inc. - 4d -
Former SSA commissioner expects 10,000 workers to accept buyout
Roughly 10,000 workers could leave the agency as DOGE seeks to cull the federal workforce, ex-commissioner Martin O'Malley says.CBS News - Mar. 13 -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - Mar. 9 -
Here’s how ‘DOGE’ cuts, safety fears and a slowing economy are combining to hurt airlines
American Airlines now sees a much bigger Q1 loss, and Southwest said less government travel hurt revenue.MarketWatch - Mar. 11 -
OPM inspector general investigating DOGE emails, access to agency data
The inspector general for the Office of Personnel Management (OPM) told lawmakers he is investigating the use of a new data system at the agency that has been part of a broader effort by Elon Musk ...The Hill - Mar. 10 -
These 5 Problems at Elon Musk’s Businesses Are Rooted in His DOGE Work
The time and focus Musk has dedicated to slashing federal jobs has sent investors and customers bolting from Tesla stock and cars, adding to other business for the divisive CEO.Inc. - Mar. 11