The Trump administration has initiated widespread layoffs of federal employees as the government shutdown enters its 10th day, with White House Budget Director Russell Vought confirming the implementation of ‘reductions in force’ across multiple agencies. The mass terminations at departments including Health and Human Services, Homeland Security, and Commerce have drawn sharp condemnation from Democratic lawmakers, with Representative Brad Sherman branding the action as ‘an act of vandalism’ against the United States government during a Bloomberg interview.
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0 posts last weekHouse Panel Urges SEC to Fast-Track Crypto 401(k) Access
A bipartisan coalition on the House Financial Services Committee is pressing the Securities and Exchange Commission (SEC) to swiftly implement President Donald Trump’s executive order, paving the way for cryptocurrency investments in 401(k) retirement plans. In a September 22 letter to SEC Chairman Paul Atkins, the lawmakers argue that expanding access to alternative assets is crucial for helping 90 million Americans secure better retirement outcomes, signaling a significant potential shift for the $12.2 trillion defined-contribution market.
about House Panel Urges SEC to Fast-Track Crypto 401(k) Access