Fair 46°
Tag:

Office of Management and Budget

News
NASA Starts Mass Firings Of Scientists NASA Starts Mass Firings Of Scientists
NASA Starts Mass Firings Of Scientists NASA is eliminating key scientific offices— including the Office of the Chief Scientist — as part of a broad restructuring that will reduce the agency’s workforce and impact major research initiatives.  The cuts, revealed in an internal email reported by Axios, are tied to a phased reduction in force that also dissolves NASA’s Office of Diversity, Equity, Inclusion, and Accessibility, affecting about 20 employees. The implications of these cuts are significant, as they cast doubt on the future of vital NASA science initiatives, particularly those focusing on human-induced climate chang…

SHARE

by Joe Lombardi
News
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…

SHARE

by Chris Spiker