• 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

RNC gets day at Supreme Court to challenge...

November 12, 2025

Rick Scott calls Democrats ‘heartless’ as he pitches...

November 12, 2025

DAVID MARCUS: The 3 issues driving far-left’s split...

November 12, 2025

Michelle Obama reveals ‘infuriating’ moment on Air Force...

November 12, 2025

Longest government shutdown in history nears likely end...

November 12, 2025

Trump makes formal request to Israeli president to...

November 12, 2025

Scalise reveals post-shutdown GOP battle plan as House...

November 12, 2025

Reagan-appointed judge resigns in protest of Trump, warns...

November 12, 2025

Bill to end government shutdown survives key hurdle...

November 12, 2025

Republican erupts at Democrat during shutdown hearing: ‘My...

November 12, 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

  • ‘Fired me illegally’: Emotional ex-USAID employees leave building with belongings after mass layoffs

    February 28, 2025
  • Arab Americans sour on Democrats amid war in Middle East: Activist says Trump outreach has been ‘surreal’

    October 20, 2024
  • A 600% rally: How Bitcoin sent this healthcare stock soaring

    May 12, 2025
  • Trump’s ‘nuclear’ demand not landing for Senate Republicans amid shutdown

    November 1, 2025
  • Trump draws laughs from world leaders moments into UN speech

    September 23, 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

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    December 4, 2024
  • 5

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

    April 2, 2025

Categories

  • Economy (829)
  • Editor's Pick (6,750)
  • Investing (634)
  • Stock (949)

Latest Posts

  • Bitcoin $100K Hits: Back in Vogue for Crypto Investors

    March 3, 2025
  • Lawmakers cheer Trump’s JFK files release: ‘Restoration of the people’s trust’

    March 19, 2025
  • The dollar index rose above 102.50 after Friday’s top news

    October 7, 2024

Recent Posts

  • USAID closes HQ to staffers Monday as Musk says Trump supports shutting agency down

    February 3, 2025
  • Boasberg’s role in ‘Arctic Frost’ probe sparks fury from GOP senators, despite local rules

    November 1, 2025
  • ApeCoin and Akita Inu: ApeCoin pulls back to EMA 200

    September 12, 2024

Editor’s Pick

  • Biden ripped for ‘slap in the face’ to crime victims after awarding Soros Medal of Freedom: ‘Disgusting’

    January 7, 2025
  • Microsoft unveils Majorana 1 chip, boosting quantum stocks: here’s what you need to know

    February 21, 2025
  • MAGA memecoin soars 42% as Trump inauguration buzz grows

    January 6, 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