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Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaul
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious.” A spokesperson for the inspector general, an independent watchdog, confirmed the request and declined further comment. The request was previously reported by CNBC. The Fed has [&h[...]
‘Abolished’: State Department is laying off over 1,300 employees under Trump administration plan
The U.S. State Department is firing more than 1,300 employees on Friday in line with a dramatic reorganization plan from the Trump administration that critics say will damage America’s global leadership and efforts to counter threats abroad. The department has begun sending layoff notices to 1,107 civil servants and 246 foreign service officers with assignments in the United States, [&he[...]
Formerly ousted U.Va. president has questions about Ryan’s departure
Former U.Va. President Teresa Sullivan weighs in on Jim Ryan’s resignation, drawing on her own experience and raising questions about federal and political pressure.
George Mason President Gregory Washington deserves to stay
George Mason faculty say President Gregory Washington has led the university to new heights and warn against politically motivated efforts to oust him.
White House budget director accuses Fed chair of violating building rules in renovation
WASHINGTON (AP) — White House budget director Russell Vought suggested in a Thursday letter that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters. Vought, in a letter he shared on social media, called the initial renovation plans featuring rooftop terrace gardens, VIP dining […]
Army says TRADOC won’t fully relocate from Fort Eustis to Texas
The merger of the Fort Eustis-based U.S. Army Training and Doctrine Command is expected to begin around Oct. 1 and continue “well into” 2026.
Virginia falls to No. 4 among CNBC’s top states for business
Virginia lost its spot at the top of CNBC's annual Top States for Business report, the cable business network announced Thursday.
NWS cuts spark concern over weather data privatization
WASHINGTON (AP) — As commerce secretary, Howard Lutnick oversees the U.S. government’s vast efforts to monitor and predict the weather. The billionaire also ran a financial firm, which he recently left in the control of his adult sons, that stands to benefit if President Donald Trump’s administration follows through on a decade-long Republican effort to […]
Parsons acquires CTI for $89M
Parsons announced Tuesday that it has acquired Maryland-based Chesapeake Technology International for $89 million.
FBI to stay in D.C., will move from Hoover to Reagan buildings
The FBI will move its headquarters from the J. Edgar Hoover Building to the Ronald Reagan Building, a decision that keeps the law enforcement agency in Washington, D.C.
U.Va. names short-term leader following Ryan’s exit
Following President Jim Ryan's sudden resignation, the University of Virginia's short-term acting president will be Jennifer "J.J." Wagner Davis
US stocks add to their all-time high
NEW YORK (AP) — U.S. stocks are adding to their records on Monday as Wall Street nears the finish of a second straight winning month. The S&P 500 was 0.2% higher in early trading, its first trading after completing its stunning rebound from a springtime sell-off of roughly 20%. The Dow Jones Industrial Average was up 142 […]
