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Tuesday, feb 25
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36°
Tuesday, feb 25
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Cost-Cutting Measures
Politics
Elon Musk Lieutenants Given Access To US Treasury Department’s Payments System: Report
Representatives from a team led by billionaire businessman and political activist Elon Musk have been granted access to the US Treasury Department’s payments system, a move that could significantly impact federal spending oversight, according to a new report. Treasury Secretary Scott Bessent authorized the change late Friday, Jan. 31, giving Musk’s Department of Government Efficiency (DOGE) team access to the federal payment system, which manages disbursements for the entire US government, The New York Times says. The decision follows a standoff with David Lebryk, a longtime Treasury …
Schools
College Of Saint Rose Shutting Down After 103 Years
After more than a century in operations, Albany’s College of Saint Rose is permanently closing amid mounting financial struggles. The school’s board of trustees voted Thursday, Nov. 30, to shut down the college at the end of the Spring 2024 semester. “It is with a heavy heart that the Board decided to close the college at the end of this academic year,” Board Chair Jeffrey Stone said. "The Board determined that the College does not have the financial resources to operate for the full 2024-2025 academic year and therefore cannot remain a standalone institution.” It comes after years …