Latest in As Musk cuts federal spending, his own firms have received billions in contracts
Sort by
466 items
-
Here are all the agencies that Elon Musk and DOGE have been trying to dismantle
Elon Musk's Department of Government Efficiency has made swift work of the billionaire's goal to curtail the government. Here are some of the actions it has taken.ABC News - 12m -
Aguilar says Democrats would oppose spending bill with Department of Education cuts
Rep. Pete Aguilar, D-Calif., said that House Democrats would vote against a government funding bill if it included cuts to the Department of Education. Aguilar claimed Republicans "don't care about ...NBC News - 30m -
Federal employees deserve respect — not Elon Musk
In the name of “efficiency,” the Trump administration is waging a cruel war on federal employees, who now live in chaos and fear.The Hill - 1h -
DOGE can cut spending, but can it make government more accountable?
Donald Trump could deliver lasting change, by returning power back to the people where it belongs.The Hill - 1h -
Elon Musk Just Hurled a $97.4 Billion Curveball at OpenAI
The unsolicited bid raises the stakes for Sam Altman to turn the company into a for-profit.Inc. - 2h -
Sam Altman says Musk aims to 'slow down a competitor' with his $97.4 billion bid for OpenAI
Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion. OpenAI CEO Altman said Musk is aiming to "slow down a competitor."CNBC - 3h -
As Musk cuts federal spending, his own firms have received billions in contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.ABC News - 3h -
By courting the far right, the man tipped to be Germany’s next chancellor may have sealed his own downfall | Florian Ranft
Conservative Friedrich Merz shattered a political taboo. His blunder gives the centre-left a chance in the 23 February election. There are moments in every election campaign when the fate of a key ...The Guardian - 10h -
Federal judge blocks Trump administration cuts to medical research funding
The National Institutes of Health says the cuts will save more than $4 billion a year, but critics say it puts potentially lifesaving research in jeopardy.CBS News - 16h -
Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, WSJ Reports
In response to the news, OpenAI CEO Sam Altman wrote: ‘no thank you but we will buy twitter for $9.74 billion if you want’.Inc. - 19h -
Trump Expects Musk to Find Billions in Pentagon Waste Next
The Pentagon’s budget is roughly $1 trillion per year.Inc. - 1d -
Jim Jordan backs Elon Musk’s authority to cut federal government
“It's something that people evaluated and voted for on November 5,” the Ohio Republican said.Politico - 2d -
‘I want to enjoy the time we have left without going crazy’: I’m 68 and own 6 homes worth $1.8 million. I have $700K in a 401(k). Should I withdraw it?
“I’ve been working past my full retirement age, and plan to quit soon.”MarketWatch - 2h -
A quick way to cut $1 trillion in federal spending
President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.The Hill - 5h -
Judge Rules That Trump Administration Defied Order to Unfreeze Billions in Federal Grants
The federal judge in Rhode Island said the Trump administration had failed to comply with his order unfreezing billions of dollars in federal grants.The New York Times - 16h -
Elon Musk Leads $97.4 Billion Bid to Control OpenAI
The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more money.The New York Times - 16h -
Musk-led investor group offers $97.4 billion for OpenAI — Altman declines
According to The Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.CNBC - 18h -
Federal judge grants restraining order on NIH funding cuts
A federal judge in Massachusetts has granted a restraining order against the National Institutes of Health (NIH) and its recent research funding cut after 22 states filed a lawsuit to block the ...The Hill - 18h -
Elon Musk-led investor group offers $97.4 billion for control of OpenAI
Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to take control of artificial intelligence pioneer OpenAI.CBS News - 18h -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - 19h -
Elon Musk’s assault on the US federal bureaucracy
Supposed efficiency drive is providing cover for a power grab by the executive branchFinancial Times - 22h -
Musk doubles down on attacks on federal judges
Department of Government Efficiency (DOGE) leader Elon Musk is doubling down on his attacks of federal judges in the wake of court actions blocking multiple Trump administration efforts. In a ...The Hill - 1d -
2025 Super Bowl: Eagles' Lane Johnson might release his own country album after Chiefs game
Taylor Swift, watch out?CBS Sports - 1d -
Rep. Ilhan Omar says Trump federal gutting doesn't "have the support" among GOP in Congress
Democratic Rep. Ilhan Omar of Minnesota tells "Face the Nation with Margaret Brennan" that as the Trump administration has steamrolled forward with executive orders to dismantle USAID and the ...CBS News - 1d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 1d -
Federal judge blocks Elon Musk’s access to US Treasury data
Order follows legal challenge by 19 Democratic state attorneys-general over risk to sensitive informationFinancial Times - 2d -
Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 2d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 2d -
Elon Musk Brings His Playbook From Twitter to the Government
Ryan Mac and Kate Conger, two New York Times technology reporters who together wrote a book about what happened when Elon Musk bought Twitter, explain some of his tactics.The New York Times - 2d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 3d -
Musk Wields Scythe on Federal Work Force, With Trump’s Full Blessing
The president defended Elon Musk’s role in seeking to slash budgets and cut payrolls as the young aides burrowing into federal agencies came under scrutiny.The New York Times - 3d -
DHop isn't having the best season of his career, and he doesn't care one bit
DeAndre Hopkins isn't bothered by his backseat role with the Chiefs. "I don't want catches," he said. "I just want to win."Yahoo Sports - 3d -
Musk’s expanding role triggers efforts to check his power
Elon Musk has seen a flood of attempts to check his power as he expands into nearly every corner of the government. In the few short weeks that President Trump has been in office, Musk and his team ...The Hill - 3d -
'I know 34 people who have taken their own lives'
Film producer Andrew Jenkins is selling an Aston Martin to fund a film to raise awareness of suicide.BBC News - 3d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 3d -
Trump says Musk will review "just about" every federal agency
In a press conference with the Japanese prime minister, President Trump indicated Elon Musk has wide latitude to review nearly every federal agency.CBS News - 3d -
Small Businesses and Contractors Also Get Hit by Trump’s Federal Funding Cuts
Reports suggest several thousand private sector jobs have been lost in the last two weeks, as federal funding freezes start having knock-on effects.Inc. - 3d