Latest in Federal Funding Memo
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Federal DEI employees to be placed on paid leave
The Trump administration has directed that all federal diversity, equity and inclusion (DEI) employees be placed on paid leave by Wednesday evening. In a Tuesday memo, the U.S. Office of Personnel ...The Hill - Jan. 22 -
Trump sued over federal worker play
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump sued over order targeting federal workers An executive order from President ...The Hill - Jan. 21 -
The Laken Riley Act is a good start, but it needs funding
Congress to provide the government with the funds it needs to enforce the mandatory detention provisions in the Immigration and Nationality Act.The Hill - Jan. 21 -
The Memo: Trump set to ‘shock and awe’ with executive actions
President-elect Trump is expected to unleash a blizzard of executive orders as soon as he takes office on Monday, seeking to demonstrate he can deliver on the hopes of supporters who elected him to ...The Hill - Jan. 20 -
Hospital funding announcement next week, BBC told
A Department of Health and Social Care spokesperson said the government planned to rebuild the NHS.BBC News - Jan. 19 -
Independent secures funding from Bill Gates’ foundation
It has given British media group more than $700,000 to fund journalism in ‘under reported’ parts of the worldFinancial Times - Jan. 19 -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - Jan. 18 -
DOE Title IX memo issues new guidance in paying NIL student-athletes
The U.S. Department of Education has released guidance that says schools must make name, image, and likeness (NIL)-related compensation "proportionately" available.ABC News - Jan. 17 -
Moderna Gets $590 Million of Federal Funding For Influenza Vaccines
The package will provide additional support for late-stage development and licensure of pre-pandemic mRNA-based vaccines, the company saidThe Wall Street Journal - Jan. 17 -
Explaining what Department of Education's startling Title IX memo could mean for revenue-share future
The incoming Trump administration could quickly strike Thursday's 11th-hour guidanceCBS Sports - Jan. 17 -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - Jan. 17 -
The Memo: Flags will fly high after all for Trump’s inauguration
President-elect Trump has won at least one battle in advance of Monday’s inauguration ceremony. Flags at the U.S. Capitol will be flown at full-staff when Trump is sworn in for the second time. ...The Hill - Jan. 17 -
A First-Day Trump Order: A Federal Stockpile of Bitcoin?
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.The New York Times - Jan. 16 -
Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment in a conservative publishing house, among other issues.Politico - Jan. 15 -
The Memo: Trump, Biden battle over credit for Israel-Hamas deal
It took more than 15 months to get a ceasefire deal in Gaza that might last. But it took no time at all for a political battle to erupt in Washington over who deserves the credit for it. “The EPIC ...The Hill - Jan. 15 -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - Jan. 14 -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - Jan. 14 -
How federal agencies are responding to the Southern California wildfires
With the Los Angeles-area wildfires expected to be one of the most expensive disasters in California history, Margaret Brennan examines how the federal government is offering to help.CBS News - Jan. 10 -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - Jan. 10 -
Meta announces end of DEI programs. Read the internal memo
Meta says it plans to end a number of internal DEI programs, designed to increase the company's hiring of diverse candidates.CNBC - Jan. 10 -
Will the new presidency affect WFH for federal workers?
Winds of change are blowing, and for federal workers these could bring an end to the widespread remote work policies adopted and enhanced during the pandemic. Recommendations from the new ...The Hill - Jan. 10 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
The Memo: Trump-Newsom feud ramps up as Los Angeles fires rage on
The feud between President-elect Trump and California Gov. Gavin Newsom (D) is hitting new peaks of intensity as wildfires rage on in Los Angeles. Trump has called on Newsom to resign, while the ...The Hill - Jan. 9 -
California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes
Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...The Guardian - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
NFL sends teams memo about 'importance of sportsmanship' before start of 2025 playoffs
There has been an uptick in fines for on-field acts this seasonCBS Sports - Jan. 9 -
How Elon Musk seized on baseless memo claim to fuel wave of misinformation
The X owner shared false claims that a Home Office memo urged police not to intervene in child grooming cases.BBC News - Jan. 9 -
The Memo: Trump sparks political fight as Los Angeles wildfires rage
President-elect Trump has sparked a political battle over the wildfires ravaging Los Angeles even as those fires are still far from contained. Any suggestion that the disaster — which has already ...The Hill - Jan. 8 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
The Memo: Echoes of an earlier Jan. 6 reverberate as Trump’s win is certified by Congress
It was routine — and that was the point. Congress certified President-elect Trump’s election victory in a smooth and relatively brief ceremony Monday. The normalcy of the occasion was a ...The Hill - Jan. 6 -
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Memo to Trump: US telecoms is vulnerable to hackers. Please hang up and try again | John Naughton
State-backed cyberspies are exploiting ageing infrastructure to penetrate every corner of the US government, it seems – even its phone-tapping systems. You know the drill. You’re logging into your ...The Guardian - Jan. 4 -
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The Memo: New Orleans mass killing gets pulled into partisan political battle
It took less than 48 hours for the mass killing in New Orleans to be pulled into the partisan debates that are roiling the nation. In the process, some of the political rhetoric ran roughshod over ...The Hill - Jan. 3 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2