Tag:

Federal Funding

Senate Joins House In Voting To Avert Government Shutdown Senate Joins House In Voting To Avert Government Shutdown
Senate Joins House In Voting To Avert Government Shutdown With just hours to spare before a midnight deadline, Congress passed a stopgap bill to fund the government through the fall, avoiding a shutdown. The Senate approved the measure early Friday evening, March 14, sending it to President Donald Trump, who is expected to sign it. The bill will keep the government funded through Tuesday, Sept. 30. The vote followed a tense week of negotiations, with Senate Minority Leader Chuck Schumer and nine other Democrats crossing party lines in a key procedural vote to advance the legislation. The move came despite mounting pressure from within his own…
Sesame Workshop To 'Downsize Significantly' Amid Funding Cuts, Streaming Partner Loss Sesame Workshop To 'Downsize Significantly' Amid Funding Cuts, Streaming Partner Loss
Sesame Workshop To 'Downsize Significantly' Amid Funding Cuts, Streaming Partner Loss Sesame Workshop, the nonprofit production company behind the beloved children's educational TV show "Sesame Street," is facing major staff cuts after losing key funding. Daily Voice confirmed the layoffs in an email from a Sesame Workshop spokesperson on Wednesday, Mar. 5. The job cuts were first reported by Semafor media editor Max Tani, who obtained an internal staff note from CEO Sherrie Rollins Westin. The spokesperson didn't disclose how many employees were affected. "As production of our 56th season begins next month, we remain as committed as ever to bringin…
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…