• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump signs late-night executive order abolishing handful of federal advisory boards

by February 20, 2025
written by February 20, 2025

President Trump signed an executive order on Wednesday aimed at eliminating a handful of federal advisory committees. 

The order targets the Presidio Trust, the Inter-American Foundation, the United States African Development Foundation and the United States Institute of Peace – all of which have received federal funding. 

It comes as the president has been working along with Elon Musk and the Department of Government Efficiency, or DOGE, to aggressively reduce the size of the federal government and minimize government waste and abuse to reduce inflation.

Cutting these governmental entities and federal advisory committees will save taxpayer dollars, reduce unnecessary government spending, and streamline government priorities, according to Trump’s administration.

The named organizations were given 14 days to submit reports to the Director of the Office of Management and Budget (OMB Director) confirming that they are compliant and to give an explanation if any part of their government entity is required and to what extent.

In addition, the Administrator of USAID was asked to terminate the Advisory Committee on Voluntary Foreign Aid. The Director of the Bureau of Consumer Financial Protection will have to terminate the Academic Research Council and the Credit Union Advisory Council. The FDIC Board will be required to terminate the Community Bank Advisory Council. The Secretary of Health and Human Services has been asked to terminate the Secretary’s Advisory Committee on Long COVID and the Administrator of CMS has to terminate the Health Equity Advisory Committee.

The newly signed executive order coincides with one Trump signed Tuesday instructing DOGE to coordinate with federal agencies and execute massive cuts in federal government staffing numbers.  

That order instructed DOGE and federal agencies to work together to ‘significantly’ shrink the size of the federal government and limit hiring new employees, according to a White House fact sheet. Specifically, agencies must not hire more than one employee for every four that leave their federal post. 

Agencies will also be instructed to ‘undertake plans for large-scale reductions in force’ and evaluate ways to eliminate or combine agency functions that aren’t legally required.

Trump is also requiring that within 30 days of the order, the President’s assistants for National Security Affairs, Economic Policy, and Domestic Policy identify and submit a list of additional committees and boards for termination.

The Trump administration stated that the American people elected President Trump to drain the swamp and end ineffective government programs that empower government without achieving measurable results.

Trump also voiced he wants to provide voters what they want – to tackle ‘all of this ‘horrible stuff going on’ – and told reporters that he hoped the court system would cooperate. 

‘I hope that the court system is going to allow us to do what we have to do,’ Trump said, adding that he would always abide by a court’s ruling but will be prepared to appeal.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump and Zelenskyy war of words heats up even as US looks to wind down war in Ukraine
next post
MAHA caucus member pledges hearings into ‘corruption’ of a public health sector ‘captured by Big Pharma’

related articles

Secret Service under pressure: What Kirk’s assassination means...

September 11, 2025

Israel’s strike in Qatar triggers rare US rebuke,...

September 11, 2025

What is a bolt action rifle? What we...

September 11, 2025

Ryan Routh chastised during opening statements in federal...

September 11, 2025

Country artist shares why he’s throwing his star...

September 11, 2025

Pastor recalls last moments with Charlie Kirk: ‘American...

September 11, 2025

EXCLUSIVE: House GOP report alleges $20B green grants...

September 11, 2025

Ryan Routh trial begins after jury seated in...

September 11, 2025

House Democrats open probe into FBI’s handling of...

September 11, 2025

JD Vance pens heartfelt tribute to Charlie Kirk...

September 11, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump says he’ll drop sanctions on Syria in move to normalize relations

    May 13, 2025
  • Trump has now been in office for six months, for the second time. Here are the highlights

    July 19, 2025
  • Who is Mike Donilon, the longtime Biden aide appearing in Comer’s cover-up probe?

    July 31, 2025
  • Elon Musk Tests X Ahead of Trump Livestream on Platform

    August 12, 2024
  • Hawley says muzzled Meta whistleblower will testify over China dealings next week

    April 3, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,996)
  • Investing (634)
  • Stock (924)

Latest Posts

  • Trump ally floated as possible AG has harsh warning for Letitia James: ‘We will put your fat a– in prison’

    November 8, 2024
  • LTNC Stock: Current Status & Analyst Predictions

    August 26, 2024
  • Nifty continues to make new all-time highs on Monday

    July 30, 2024

Recent Posts

  • 124 Dems oppose historically bipartisan defense bill over restrictions on transgender treatments for minors

    December 12, 2024
  • Expert turns tables on Dem critics after Musk accuses Social Security of being ‘Ponzi scheme’

    March 23, 2025
  • Trump energy chief declares climate change a ‘global physical phenomenon’ amid reversal of Biden-era policies

    March 11, 2025

Editor’s Pick

  • Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan

    November 26, 2024
  • Three-year inflation outlook hits record low in New York Fed consumer survey

    August 13, 2024
  • Trump insists Ukraine-Russia peace deal is close, but mistrust in Putin leaves experts skeptical

    April 23, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock