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

Trump inches closer to DC federal property sell-off with Ernst’s help

by October 30, 2025
written by October 30, 2025

Republican Iowa Sen. Joni Ernst introduced legislation Thursday that would clear the way for Trump administration officials to sell underutilized federal buildings, Fox News Digital learned. 

‘Despite President Trump calling federal employees back to work, vacant government buildings could easily be mistaken as future locations for Spirit Halloween stores,’ Ernst said in a statement to Fox News Digital. 

‘For too long, the entrenched bureaucracy has used red tape to prevent these ghost towns from being sold off,’ she continued. Her Disposal Act ‘immediately lists six prime pieces of D.C. real estate on the auction block and slashes through pointless regulations to fast-track the sale of the government’s graveyard of lifeless real estate to generate hundreds of millions of dollars and save taxpayers billions.’ 

Ernst is the founder and chair of the Senate Department of Government Efficiency (DOGE) Caucus, and first exposed the federal government’s lack of use of its federal buildings back in 2023 when she released a ‘naughty list of no-show federal agencies’ following the pandemic, when federal employees worked from home amid government-mandated shutdowns. 

Dubbed the ‘Disposing of Inactive Structures and Properties by Offering for Sale And Lease (DISPOSAL) Act,’ the legislation works to renew efforts to sell six pieces of underutilized federal properties in Washington, D.C., that headquarter various federal agencies. 

The legislation specifically calls on the General Services Administration to sell the Frances Perkins Federal Building, home to the United States Department of Labor; the Department of Energy’s James V. Forrestal Building; the Theodore Roosevelt Federal Building, which is home to the Office of Personnel Management; Robert C. Weaver Federal Building, where the Department of Housing and Urban Development was headquartered before announcing in June it planned to move; United States Department of Agriculture’s headquarters at the Department of Agriculture South Building; and the Hubert H. Humphrey Federal Building, which headquarters the Department of Health and Human Services. 

There are an estimated 7,700 vacant federal buildings nationwide and another 2,265 that are largely sitting empty, according to Ernst’s office. 

The Office of Management and Budget reported in 2023 that the annual cost of operating federal buildings deemed ‘underutilized’ sits at $81.346 million, while the General Services Administration reported in 2025 that deferred maintenance and repair backlogs at federal buildings exceeds $6 billion and will balloon to more than $20 billion in five years. The General Services Administration identified hundreds of ‘non-core‘ federal properties across the nation in March that could be put up for sale. 

Mold, cockroaches and undrinkable water also have plagued the federal buildings, according to various recent media reports. 

The legislation would clear the path for the Trump administration to make additional sales down the line, should it pass. Sales of federal buildings are wrapped in red tape and procedures, with the bill working to streamline the process by mandating the sale of up to 20 additional federal buildings per calendar year, and charging the GSA chief with determining whether a sale or ground lease would be in the ‘best interests of the United States.’

President Donald Trump’s DOGE efforts to slim down the size of the federal government and remove overspending have been a hallmark of his second administration. Trump repeatedly has railed against federal employees who stopped reporting to the office since the pandemic, vowing during his joint address to Congress in March that ‘unaccountable bureaucracy’ will end. 

‘We have hundreds of thousands of federal workers who have not been showing up to work,’ he said. ‘My administration will reclaim power from this unaccountable bureaucracy, and we will restore true democracy to America again. Any federal bureaucrat who resists this change will be removed from office immediately.’ 

Ernst and DOGE previously successfully mandated the sale of the Wilbur J. Cohen Federal Building in June, which headquartered Voice of America in a 1.2 million-square-foot building. Only 72 people worked in the building as of 2024, Fox News Digital previously reported. 

Fox News Digital reported back in February that the Housing and Urban Development (HUD) headquarters in D.C., which can accommodate roughly 6,000 people, had become so desolate of employees during the Biden administration that it looked like an off-season Spirit Halloween store. Administration officials confirmed to Fox News Digital at the time that one HUD office even still had a business card left over from the first Trump administration still tacked on a white board when officials with the second administration reported to work following Trump’s inauguration. 

Ernst’s October legislation follows a bill she introduced in June that called for the sale of six federal properties that would yield at least $400 million in revenue while canceling roughly $2.9 billion in overdue maintenance at the buildings. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump cuts China tariff after Xi signals tougher fentanyl enforcement, rare-earth pause
next post
Republican senators blast FDA for expanding abortion pill access

related articles

9 House Republicans defy Mike Johnson, join Dems...

January 8, 2026

Venezuelan oil shipments surge to US ports with...

January 8, 2026

‘You don’t get a promotion’: GOP rival urges...

January 7, 2026

Johnson praises Trump’s ‘bold action’ in formal State...

January 7, 2026

Trump affirms US ‘will always be there for...

January 7, 2026

Kennedy says military action on Greenland would be...

January 7, 2026

Senate Republican predicts the fall of the Cuban...

January 7, 2026

From Caracas to Nuuk: Maduro raid sparks fresh...

January 7, 2026

GOP lawmaker pushes to free US citizen reportedly...

January 7, 2026

Graham warns Iranian ayatollah: ‘Trump is gonna kill...

January 7, 2026
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

  • Republican lawmakers demand Treasury probe CAIR over alleged Hamas ties and terrorism concerns

    October 15, 2025
  • American among 3 detainees released from Belarus

    February 12, 2025
  • NBA star Russell Westbrook launches AI-enabled funeral planning startup

    May 7, 2025
  • Canada Elections: Prime Minister Carney’s Liberal Party to lead fourth consecutive government

    April 29, 2025
  • Trump doubles down on voiding Biden autopen actions, including pardons and commutations

    December 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

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,355)
  • Investing (784)
  • Stock (964)

Latest Posts

  • Walz explains ‘friends with shooters’ gaffe from the VP debate with Vance

    October 2, 2024
  • Judges blocking Trump’s executive orders are acting ‘erroneously,’ White House says

    March 19, 2025
  • MIKE DAVIS: Trump’s latest pick to reform the federal judiciary is another home run

    September 20, 2025

Recent Posts

  • Hamas frees 3 more hostages as part of ceasefire agreement with Israel

    February 8, 2025
  • Third top Pentagon aide Colin Carroll on administrative leave over leaks probe

    April 16, 2025
  • Here’s what happened during President Donald Trump’s 5th week in office

    February 22, 2025

Editor’s Pick

  • Trump picks Virginia official Terry Cole to lead the DEA, vows to ‘save lives’ in new administration

    February 11, 2025
  • Federal judge rules against Trump order halting sex change procedures in prisons

    June 3, 2025
  • BLDP Stock Key Metrics, Price Forecast – Is It a Buy?

    October 3, 2024
  • 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