Latest in Slash Federal Spending
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Federal Courts Are the Frontline for Those Opposing Trump Executive Orders
With a compliant Congress and mostly quiet streets, the president’s opponents are turning to the judicial branch with a flurry of legal actions. But can the courts keep up?The New York Times - 1h -
Brady's B'ham, Wrexham drive record spending
Teams in League One have spent record amounts with the influence of American owners such as Ryan Reynolds and Rob McElhenney at Wrexham and Tom Brady's part in Knighthead Capital's ownership of ...ESPN - 4h -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at the Pentagon will be the next target of cost-cutting by Elon MuskFinancial Times - 7h -
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 - 7h -
Typical homebuyers in Los Angeles, San Francisco and San Diego spend up to 78% of income on housing
In many major U.S. cities, the cost of owning a home is twice what financial planners recommend spending.CNBC - 10h -
Trump faces pushback as he works to reshape federal government
Meet the Press moderator Kristen Welker joins Joe Fryer on Sunday TODAY to discuss the two dozen lawsuits against President Donald Trump that are aimed at slowing down his attempts to reshape the ...NBC News - 12h -
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 - 1d -
NIH announces it's slashing funding for indirect research costs
The National Institutes of Health announced that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just 15%.NBC News - 1d -
Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.The New York Times - 1d -
ACLU Warns DOGE’s ‘Unchecked’ Access Could Violate Federal Law
The ACLU says it stands ready to sue for access to government records that detail DOGE’s access to sensitive personnel data.Wired - 2d -
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. - 2d -
The Slash-and-Burn Tactics Musk Brings to Washington Often Backfired at Twitter
Can Elon Musk’s track record at X help predict the results of his current exploits within the U.S. federal government?Inc. - 2d -
Trump promotes misleading claims about federal government’s media subscriptions
Federal government payments for subscriptions to media outlets have become the latest target of President Donald Trump's spending hawksABC News - 2d -
Trump’s acting chief of federal financial watchdog orders staff to pause activity
Russell Vought is now acting head of CFPB, created in wake of 2008 financial crash to supervise financial companies. Russell Vought, Donald Trump’s newly installed acting head of the US Consumer ...The Guardian - 9h -
‘She is financially irresponsible’: My husband secretly gives our daughter, 37, thousands of dollars. She spends the money wildly. How do I stop this?
“My husband has been giving her money each month. The deposits from October 2024 through February 2025 total almost $13,000.”MarketWatch - 15h -
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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 - 22h -
Schiff calls for firefighter exemption from federal hiring freeze
Sen. Adam Schiff (D-Calif.) on Friday urged the Office of Management and Budget (OMB) and the Department of Agriculture (USDA) to exempt federal seasonal firefighters from President Trump’s federal ...The Hill - 23h -
Federal judge temporarily blocks DOGE from accessing sensitive Treasury Department payment systems
A federal judge on Saturday temporarily blocked Department of Government Efficiency, or DOGE, employees from accessing a sensitive Treasury Department system.NBC News - 23h -
Sen. Adam Schiff calls for federal firefighters to be exempt from hiring freeze
Sen. Adam Schiff, D-Calif., on Friday called on several U.S. agencies to exempt seasonal wildland firefighters from the ongoing federal hiring freeze, as concerns about federal readiness for future ...NBC News - 1d -
Scientists, researchers work to archive federal health data purged by Trump administration
Scientists, researchers and private health organizations scrambled to preserve as much federal public health data and guidelines as possible last week after news reached them that the Trump ...The Hill - 1d -
Record Valentine's Day spending expected
Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...CBS News - 1d -
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 - 1d -
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 - 1d -
Guardiola denies City spend due to embargo fear
Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.ESPN - 1d -
Trump says Elon Musk and DOGE will review "just about" every federal agency
President Trump said nearly every federal agency in the U.S. government could fall under the scrutiny of Elon Musk and the White House's Department of Government Efficiency, known as DOGE. CBS News ...CBS News - 2d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 2d -
Federal judge pauses administrative leave for thousands of USAID employees
A federal judge said he will pause a midnight deadline for the U.S. Agency for International Development to be stripped down to a few hundred workers from a workforce of more than 5,000.NBC News - 2d -
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 - 2d -
Silicon Valley and Indian investors spend big as English cricket goes up for sale
Foreign investors have been googly-eyed about English soccer for decadesABC News - 2d -
Judge temporarily blocks Trump's federal employee buyout program
A federal judge in Boston has temporarily halted President Trump's federal employee buyout program proposal. NBC News' Aaron Gilchrist and Danny Cevallos reports on legal aspects surrounding the ...NBC News - 2d -
Judge temporarily blocks Trump's federal government employee buyout
Just hours before the deadline for federal employees to accept the Trump administration's deferred resignation offer, a judge has temporarily blocked the buyout offer.ABC News - 3d -
USAID Workforce Slashed From 10,000 to Under 300 as Elon Musk’s DOGE Decimates Agency
The US government’s primary foreign aid organization is losing the vast majority of its staff, forcing the agency’s lifesaving work to screech to a halt.Wired - 3d -
Federal Employees Push Back on Trump’s Job Slashing Drive
Civil servants, officials, and outside groups are challenging Trump’s frenzied orders to slash federal agencies and headcounts, often denouncing them as illegal.Inc. - 3d -
Virginia Legislature Says It Will Study Trump’s Attack on Federal Jobs
The state has one of the highest numbers of residents employed by the federal government.Inc. - 3d