Latest in Amid Federal Cuts
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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 - 6d -
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 - 5d -
As DOGE Cuts Ripple, Federal Employees Flock to Reddit for Information and Support
The social media platform’s policies on moderation, rules, and civility make it a haven for government workers under DOGE pressure.Inc. - 1d -
Lawmakers fear DOGE cuts will drive away next generation of federal workers
Members of both parties warn that Trump and Musk's efforts will severely hinder the government's ability to recruit young people and technical experts.NBC News - 14h -
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 - 2d -
DOGE Cuts Reach Key Nuclear Scientists, Bomb Engineers and Safety Experts
Firings and buyouts hit the top-secret National Nuclear Security Administration amid a major effort to upgrade America’s nuclear arsenal. Critics say it shows the consequences of heedlessly cutting ...The New York Times - 5d -
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 - 1d -
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 - 1d -
The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - Mar. 10 -
Trump administration cuts export office staff amid escalating trade war
The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...The Hill - Mar. 13 -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - Mar. 13 -
UK Aims to Cut Billions in Welfare Amid Budget Crunch
Changing disability allowances is a particularly contentious move within Prime Minister Keir Starmer’s center-left Labour Party.The New York Times - 4d -
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 -
Takeaways From The Times Interview With Chuck Schumer About the Federal Spending Bill
The day after angering many Democrats’ by backing a Republican spending bill, Schumer argued that he can still lead his party in the Senate, even amid furious backlash.The New York Times - 6d -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - Mar. 8 -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - Mar. 10 -
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 - 4d -
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 - 1d -
Israel to cut off electricity in Gaza in apparent effort to force hand of Hamas
Humanitarian officials say move could hit already meagre water supply, as ceasefire talks grow increasingly chaotic. Israel is to cut off any remaining electricity supplies to Gaza in an apparent ...The Guardian - Mar. 9 -
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 -
Laid-off FEMA employees speak out about DOGE cuts
Elon Musk today said that his Department of Government Efficiency is cooperating with cabinet secretaries on downsizing the federal bureaucracy. Since Inauguration Day, more than 200 FEMA employees ...NBC News - Mar. 10 -
How DOGE Cuts Aim to Push the Social Security Administration Beyond Breaking Point
Elon Musk’s federal spending and headcount slashing is supporting a longtime Republican goal: disabling the Social Security Administration while legislators can still deny they voted for cuts.Inc. - 4d -
Democratic Senator Mark Kelly to let go of his Tesla over Musk’s federal cuts
Arizona senator had also clashed with billionaire over the latter’s ‘traitor’ jibe after Kelly posted about his Ukraine visit. The Arizona Democratic senator Mark Kelly announced he was ditching ...The Guardian - Mar. 14 -
Meet the federal worker who went rogue: ‘I hope that it lights a fire under people’
To billionaire Elon Musk and his cost-cutting team at the Department of Government Efficiency, Karen Ortiz may just be one of many faceless bureaucratsABC News - Mar. 10 -
State Republicans Eager to Climb on Cost-Cutting Bandwagon
G.O.P. governors and legislators are parroting the federal Department of Government Efficiency by creating panels at the state level. But the similarities only go so far.The New York Times - Mar. 9 -
Trump administration plans to cut $175 million to Penn
A social media post from the White House says Penn is losing millions of dollars in federal funding, but the university says it has received no formal notice.CBS News - 2d -
Trump administration plans to cut $175 million to Penn
A social media post from the White House says Penn is losing millions of dollars in federal funding, but the university says it has received no formal notice.CBS News - 2d -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - Mar. 10 -
Judges raise concerns about threats to independence amid GOP criticism
Elon Musk has accused some federal judges of being "evil" and said they should be fired after issuing preliminary decisions against the Trump administration.CBS News - Mar. 11 -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - Mar. 9 -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - Mar. 12 -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - Mar. 15 -
Chip sector supplier raises $3bn in Japan’s biggest IPO since 2018
Semiconductor materials maker JX Advanced Metals had cut price range amid tech sell-offFinancial Times - 3d -
'CBS Mornings' is leaving its Times Square studio amid Paramount cost-cutting
Faced with shrinking revenue, the program led by Gayle King is returning to the network's West Side broadcast center later this year.Los Angeles Times - 1d -
American manufacturer of food for malnourished babies lays off staff amid USAID upheaval
A company's contract with USAID was spared from massive cuts to the agency. It still hasn't been paid.CBS News - 2d -
American manufacturer of food for malnourished babies lays off staff amid USAID upheaval
A company's contract with USAID was spared from massive cuts to the agency. It still hasn't been paid.CBS News - 2d