Government And Institutions

Amid air traffic control shortages, Transportation Secretary Sean Duffy outlines plans to retain experienced staff, hire new controllers, and improve training at the FAA Academy.

Commerce Secretary Howard Lutnick said a new registration website for President Trump's Gold Card, a $5 million visa for wealthy foreigners seeking U.S. citizenship, will launch soon.

Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising government debt as causing the move.

FBI Director Kash Patel outlined his plans to relocate about 1,500 agents from the Washington, D.C., area around the country and move the agency's headquarters out of the J. Edgar Hoover Building.

Beneficiaries of certain Medicare Advantage plans may be able to access supplemental benefits like greens fees and ski passes, as well as supplies and food for pets.

Denver ATC communication loss affects several pilots, sparking FAA investigation. The incident highlights ongoing air traffic control system issues and modernization needs.

The cost of prescription drugs have risen rapidly despite policymakers pledging to fix the issue. They climbed nearly 40% since 2014, according to data from GoodRx.

Adobe reached an agreement to significantly lower software costs for the government. It aligns with Trump administration’s efforts to cut down on unnecessary spending.

The U.S. Secret Service recently received 10 vehicles from automaker General Motors. The array, which included SUVs, trucks and sedans, will be tested and used for training.

The General Services Administration is taking a longer-term approach with its government overhaul and is looking to cap certain indirect spending.

Transportation Secretary Sean Duffy and FAA acting Administrator Chris Rocheleau plan to implement actions to improve operations at Newark Liberty International Airport.

The Department of Justice said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

Treasury Secretary Scott Bessent testified that the U.S. is negotiated with 17 of its largest trading partners, but not China, and he expects most of those deals be reached this year.

New data from the Internal Revenue Service shows that the average tax refund amount is up over 3% from a year ago, though the number of refunds issued is down by more than 1%.

The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on updating outdated IT systems.

The Trump administration is releasing its "skinny" budget blueprint outlining its fiscal priorities, which will include a focus on boosting the defense budget.

USPS' Postal Inspection Service is helping the Trump administration conduct investigations for immigration enforcement operations, according to a Washington Post report.

People were swindled out of $16.6 billion by online bad actors in 2024, according to a recently released report from the FBI's Internet Crime Complaint Center.

Treasuries have historically served as a key safe-haven asset for investors, including foreign governments, while also helping the federal government finance its growing debt.

About 20,000 workers at the IRS have expressed interest in buyout offers extended by the Trump administration as part of its plan to shrink the agency.