Latest in Slash Funding
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Medical research in jeopardy as Trump seeks to slash funding
Grants from the National Institutes of Health have helped create breakthroughs in cancer treatments, heart disease and vaccine development. But scientists from some of the nation's top medical labs ...CBS News - 11h -
Fast break AI: How Databricks helped the Pacers slash ML costs 12,000X% while speeding up insights
The jaw-dropping decrease is a credit not only to Databricks, but PS&E's ability to reduce ML compute to near-infinitesimal amounts.VentureBeat - 20h -
Judge Temporarily Blocks Trump Cuts to Medical Research Funding
A coalition of 22 attorneys general sued the federal government, claiming that the $4 billion in cuts would “grind to a halt” studies on cancer, heart disease and other conditions.The New York Times - 1d -
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Trump 2nd term live updates: Trump signs order to slash federal workforce
Elon Musk joined President Donald Trump in the Oval Office, where he took questions from the media for the first time.ABC News - 11h -
FEMA halts migrant housing funds in NY after Musk’s criticism
The acting head of the federal agency responsible for responding to disasters says he’s suspending payments sent to New York City to house migrants and that staff who made them will be held ...ABC News - 1d -
Judge finds Trump administration violated court order halting funding freeze
A federal judge in Rhode Island on Monday said that the Trump administration had violated his order halting a sweeping federal funding freeze and ordered the government to “immediately restore ...NBC News - 1d -
Judge pauses steep Trump cuts to medical research funding for now
A federal judge has temporarily blocked the National Institutes of Health from implementing cuts to medical research grants under the Trump administration after 22 states sued to halt the process. ...CBS News - 1d -
Judge directs Trump officials to comply with earlier order halting funding freeze
A group of 22 states and the District of Columbia said the Trump administration was not complying with a judge's order blocking its freeze on federal assistance.CBS News - 1d -
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 - 1d -
What is a sovereign wealth fund and why does Trump want one for the U.S.?
Tucked into the stack of the more than 50 executive orders President Trump has signed since taking office is the plan to create a new sovereign wealth fund. But what exactly will it do and where ...CBS News - 1d -
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 - 1d -
Judge orders Trump officials to unblock funds
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump officials ordered to 'immediately' unblock funds A federal judge has ...The Hill - 1d -
Federal judge rules White House failed to comply with court order on funding
A federal judge in Rhode Island said that the Trump administration had violated his order halting a sweeping federal funding freeze and ordered the government to “immediately restore frozen ...NBC News - 1d -
Collins, Britt raise concerns about NIH move to slash billions in research costs
Two Republican senators, including a reliable ally of President Trump, have raised concerns about the National Institutes of Health's (NIH) decision to cut billions of dollars of “indirect” costs ...The Hill - 1d -
Trump ordered by judge to immediately restore frozen funding
John McConnell says administration had defied earlier order to resume disbursement of billions of dollars. A federal judge said on Monday that the Trump administration had defied his order to ...The Guardian - 1d -
GOP senators terrified of crossing Trump, facing Musk-funded challengers
GOP senators are terrified over the prospect of facing primary challengers funded by Elon Musk if they stick their necks out by opposing President Trump's agenda The White House has signaled that ...The Hill - 2d -
Luxembourg launches fund domicile fightback against Ireland
The Grand Duchy has lost out to its rival on passive ETFs, but is hoping to win the war with an active ETF charm offensiveFinancial Times - 2d -
EU watchdog warns of resistance to Brussels’ bid to slash red tape
Esma chair says national pushback to harmonising rules risks undermining its push to become a European SECFinancial Times - 2d -
Dismay as UK poised to cut funding for global vaccination group Gavi
Exclusive: Aid charities alarmed as decision would come in wake of Donald Trump’s decision to freeze USAid activities. The UK is poised to cut funding to a global vaccination group that has ...The Guardian - 2d -
Republican senator, Brennan tangle over US foreign funding
Sen. Bill Hagerty (R-Tenn.) and CBS “Face the Nation” host Margaret Brennan tangled over the United States’s foreign funding on Sunday, as the Trump administration slashes the country’s spending on ...The Hill - 2d -
Waltz defends USAID funding freeze, Musk influence
President Trump’s National Security Adviser Mike Waltz defended the U.S. Agency for International Development (USAID) funding freeze and tech billionaire Elon Musk’s influence over the federal ...The Hill - 2d -
Trump might be stuck with Biden’s funding priorities for longer than GOP hoped
President Trump could be stuck with spending priorities set under the Biden administration for longer than congressional Republicans had hoped. As Congress struggles to strike a bipartisan ...The Hill - 3d -
Fact-Checking Claims About USAID Funding
Trump administration officials have misled about how the aid agency is spending its funding, in an effort to cite widespread “waste.”The New York Times - 3d -
Post Office tussles with UK government over ‘drip feed’ funding
State-owned company at centre of Horizon scandal struggling to secure long-term finance deal, say sourcesFinancial Times - 3d -
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 - 3d -
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 - 3d -
NIH cuts overhead funding for research
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 3d -
Activist hedge fund Elliott builds stake in struggling BP
US investor could force UK oil company to refocus on core fossil fuels business or even pursue a full break-upFinancial Times - 3d -
Scientists warn Trump’s $4bn funding cuts will harm US medical research
Academics say the move imperils scientific progress and helps America’s rivalsFinancial Times - 3d -
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 - 3d -
President Trump continues attacks on government agencies as he prepares for funding bill
President Trump hosted a group of Republican senators on Friday night at his Florida resort, trying to build Congressional support for a massive funding bill. Meanwhile, he continues to attack the ...CBS News - 3d -
Cambridge risks losing ‘unbelievable talent’ amid PhD funding cut
Warning by vice-chancellor Deborah Prentice comes as ‘Silicon Valley’ planned between Oxford and Cambridge. The University of Cambridge risks “losing unbelievable talent” owing to a drop-off in ...The Guardian - 4d -
Trump Administration Move to Freeze E.V. Charger Funding Confounds States
Some have halted work on the Biden-era $5 billion program to build E.V. charging stations. Others plan to keep building. Most are confused.The New York Times - 4d -
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. - 4d -
Why Trump wants an American sovereign wealth fund
The US does not really need a state investment vehicle — it is one alreadyFinancial Times - 4d -
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. - 4d -
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 - 5d -
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. - 5d
