Latest in As DOGE Cuts Ripple, Federal Employees Flock to Reddit for Information and Support
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US economists fear for future of ‘gold standard’ statistics amid Doge cuts
Also in today’s newsletter, Trump imposes 25% tariff on cars and the government spending Maga voters rely onFinancial Times - 1d -
Federal judge blasts DOJ’s deportation flights response
Judge James Boasberg blasted the Justice Department’s latest response to his demand for more information about deportation flights carried out under a wartime law known as the Alien Enemies Act. ...NBC News - Mar. 21 -
Elon Musk and DOGE Keep Eyes on Social Security
The tech billionaire has repeatedly suggested, without evidence, that Social Security is rife with fraud, even as President Trump denies plans to cut those benefits.The New York Times - Mar. 15 -
Murder conviction of Texas woman on death row for 27 years tossed by federal appeals court
A federal appeals court tossed out the murder conviction of a Texas woman sitting on death row for more than a quarter-century, ruling she'd been unjustly convicted on the basis of tainted ...NBC News - Mar. 12 -
Trump calls for Fed to cut rates as economic effects of tariffs start to kick in
Hours after the Federal Reserve maintained its guidance for two interest-rate cuts later this year, President Donald Trump weighed in Wednesday night, calling for rate cuts to accompany his new ...MarketWatch - Mar. 20 -
Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says
The newly confirmed director of the Federal Housing Finance Agency, Bill Pulte, who oversees mortgage giants Fannie Mae and Freddie Mac, said he will not lower the conforming loan limit, or the ...NBC News - 2d -
Judge Bars Social Security Officials From Giving DOGE Unredacted Data
A federal judge in Maryland found that Elon Musk’s scrutiny of the agency’s data systems appeared to violate federal privacy laws.The New York Times - Mar. 20 -
Treasury Department is set to lay off a 'substantial' number of employees, official says
The department is planning to furlough workers as part of Elon Musk's efforts to shrink the size of the federal government.CNBC - 2d -
Visitors flock to Paris’s Pompidou Centre before it closes for renovations
Art lovers catch last glimpse of prestigious art collection before gallery shuts for five years for major revamp. Visitors from around the world have been flocking to the Pompidou Centre in Paris ...The Guardian - Mar. 9 -
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 - Mar. 21 -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - Mar. 12 -
What's next for federal education funding after Trump cuts
President Trump is starting to enact his pledge to close the Department of Education. Liam Knox, a reporter for Insider Higher Ed, joins to discuss.CBS News - Mar. 12 -
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 - 3d -
McMahon threatens Newsom with federal funding cuts over transgender athletes
Education Secretary Linda McMahon is requesting clarity on California Gov. Gavin Newsom’s (D) position on whether transgender athletes should be allowed to compete on girls’ and women’s sports ...The Hill - 1d -
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 - 6d -
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 - Mar. 21 -
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 -
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 -
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 -
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 -
Trump administration moves to end union rights for many federal workers
The Office of Personnel Management (OPM) said Thursday that President Trump signed an executive order limiting numerous agency employees from unionizing and instructing the government to stop ...The Hill - 1d -
Trump administration moves to end union rights for many federal workers
The Office of Personnel Management (OPM) said Thursday that President Trump signed an executive order limiting numerous agency employees from unionizing and instructing the government to stop ...The Hill - 1d -
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 - Mar. 20 -
Elon Musk's DOGE tries to put new faces on its reclusive federal office
Seven members of the Department of Government Efficiency broke their media blockade and sat for a group interview with Fox News.NBC News - 1d -
Elon Musk's DOGE tries to put new faces on its reclusive federal office
Seven members of the Department of Government Efficiency broke their media blockade and sat for a group interview with Fox News.NBC News - 1d -
Elon Musk's DOGE tries to put new faces on its reclusive federal office
Seven members of the Department of Government Efficiency broke their media blockade and sat for a group interview with Fox News.NBC News - 1d -
Elon Musk's DOGE tries to put new faces on its reclusive federal office
Seven members of the Department of Government Efficiency broke their media blockade and sat for a group interview with Fox News.NBC News - 1d -
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 - Mar. 19 -
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 - 3d -
Legal groups helping immigrant children who survived sex trafficking, abuse sue to regain federal funding
Immigrant children who survived sex abuse are being stripped of legal aid to help them stay in the U.S. due to HHS federal funding cuts, according to legal groups.NBC News - 7h