#trump-administration-job-talks

#trump-administration-job-talks

President Trump issued a stark warning that without a deal by his Tuesday deadline, Iran would lose its power plants and bridges in a four-hour operation that sends the country back 'to the Stone Ages.'

The White House is seeking a 10 percent cut to nondefense spending, proposing a reduction of $73 billion from federal programs outside the military, targeting environmental initiatives.

Employers added 178,000 jobs last month, much more than forecasters had expected, reversing big job losses in February and indicating a rebound in the labor market.

Within a month, Trump officials had threatened colleges' research funding, started gutting the Institute for Education Sciences, declared race-based programming illegal and unleashed Immigration and Customs Enforcement officers on campuses, among other actions. Then, over the next six months, the administration started dismantling the Education Department, cut thousands of research grants that didn't align with Trump'spriorities, helped oust the University of Virginia's president and cracked down on international students-deporting some who criticized Israel and revoking the visas of thousands.

In October 2020, President Trump unveiled a plan to grant himself the power to fire vast numbers of civil servants for any reason should they get in the way of his agenda. Five and a half years later, that plan has come to fruition, despite vast public opposition. Starting March 9, an unspecified number of federal employees could lose their current job protections and be converted into at-will employees at Trump's discretion.

The market hangs on the Fed Chair's every word at every FOMC meeting, and past statements are mapped on to present ones to see what changed so investors can try to uncover clues as to how perhaps the most influential singular entity to the global economy looks at the future. In a normal world, Jerome Powell should be up here talking about labor market minutiae

Government Accountability Office investigators tracked telework at the Social Security Administration from July 2019 through May 2025 and found a sharp cliff after the White House memo. Telework hours fell from 35 percent of total hours in January through March 2025 to 13 percent in April through May 2025, a drop that matched the new posture. That speed matters, because SSA employees had built their lives and budgets around flexibility.