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Reports of NoVa housing market’s demise are greatly exaggerated, experts say

“See the rats run,” a Facebook post put up Saturday reads.

It’s illustrated with a map purportedly of Arlington County — a map covered with dozens of ovals indicating where houses are on the market. Many of the ovals are labeled “coming soon” or “new.”

In the wake of President and Elon Musk’s efforts to fire hundreds of federal employees via Musk’s Department of Government Efficiency, has the imploded?

“There are hoax postings going around the internet,” Terry Clower, professor of public policy at George Mason University’s Schar School of Policy and Government, wrote in an email Monday. “There is no evidence of a large-scale market impact related to federal workers.”

Looking at the period between Feb. 3 and Feb. 16, 2,829 new listings came onto the Washington, D.C., market, according to Lisa Sturtevant, chief economist for , a data firm headquartered in Maryland. During the same period in 2024, the same area saw 2,820 new listings.

The region Sturtevant looked at includes Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas, Manassas Park and the counties of Arlington, Fairfax, Loudoun, Prince William, Spotsylvania and Stafford, as well as Washington, D.C., and five Maryland localities.

“There’s no surge,” Sturtevant said. “We can’t see any surge in new listing activity.”

Northern Virginia Association of Realtors CEO Ryan T. McLaughlin also urged homeowners and buyers to take a breath when reading any social media posts about the collapse of the region’s real estate market.

“Like anything else on the internet, you can’t believe everything you read,” he said.

Virginia has more than 140,000 residents who work for the federal government, according to U.S. Sen. Tim Kaine, the state’s junior senator. So far, the administration has moved to lay off some 200,000 of the nation’s 2.3 million civilian federal workers, while issuing return-to-office mandates across all agencies.

is keeping an eye on how the market responds to both reductions in and federal mandates to return to the office. McLaughlin noted about 30% of the federal workforce is eligible for retirement.

“Some may opt out of the workforce entirely rather than face long commutes if they are mandated to return to the office,” he said. “Some may decide that they do want to commute. Some may decide they’re going to buy a home closer in D.C. … There’s so many variables.”

Even though inventory is up across the United States and in the Washington, D.C., region, according to Sturtevant, the supply of housing inventory is still below pre-pandemic levels in most markets. The state’s housing market was stagnant in 2024, with 102,509 home sales, just 4,000 more than the previous year, according to Virginia Realtors.

Some markets in the Washington, D.C., region do show an uptick in new listings. “But nothing about the geographic pattern of listing activity suggests that it is related to homeowners who are or were federal government employees,” Sturtevant said in a statement.

For instance, new listings were 27% higher in Spotsylvania, but 30% lower in nearby Stafford.

Chris Colgan, a Realtor who helps buyers and sellers in Northern Virginia, said he had clients who made offers on properties this weekend. “Every single house had multiple offers,” he said.

The data also doesn’t support a picture of panicked sellers slashing home prices. In the Washington, D.C., region last week, Sturtevant saw 6.9% of had a price cut. “That is almost exactly the same as last year and almost exactly the same as a week earlier,” she said.

Sturtevant did note Monday that she was working on a report that shows the number of potential buyers requesting home tours is “dipping a little more sharply in the D.C. metro [region] than in other markets, meaning that buyers are not as interested in D.C. as they might have been last year at this time,” she said.

While there may be “some pullback in the market,” she said, “it’s certainly not this over-the-top big change in market conditions.”

Va. casinos report more than $72M in January revenue

January gaming revenues from Virginia’s casinos totaled $72.34 million, according to a report from the released Friday.

Last month, casino reported about $18.52 million in adjusted gaming revenues (wagers minus winnings), of which about $15.16 million came from 1,486 slots and $3.36 million came from 77 table games. The Virginia Board approved HR Bristol’s casino license in April 2022, and the Bristol casino’s temporary facility opened in July 2022, making it the first operating casino in Virginia. The permanent casino resort opened in November 2024.

After the lottery board approved its license in November 2022, opened as Virginia’s first permanent casino in January 2023. The casino in January generated more than $17.25 million from its 1,419 slots and about $8 million from its 85 table games, for a total AGR of about $25.26 million.

Caesars Virginia reported about $28.57 million in AGR, with $21.39 million coming from 1,479 slots and $7.18 million coming from 137 table games. The $800 million permanent facility opened in December 2024 in . Before that, there was a temporary Caesars Virginia casino which received its casino license in April 2023 and opened in May 2023.

January’s casino gaming revenues were a $2.57 million decrease from the $74.91 million reported for December 2024.

Virginia law assesses a graduated tax on a casino’s adjusted gaming revenue. For the month of January, taxes from casino AGRs totaled $13 million.

Under Virginia law, 6% of a casino operator’s AGR goes to its host locality until the operator passes $200 million in AGR for the year, at which point the host locality’s tax rate rises to 7%. If an operator passes $400 million in AGR in the calendar year, that rises to 8%.

For January, received 6% of the Rivers Casino Portsmouth’s AGR, getting almost $1.52 million. Danville received about 6% of the Caesars Virginia casino’s adjusted gaming revenue, amounting to roughly $1.71 million. For the Bristol casino, 6% of its adjusted gaming revenue — $1.11 million last month — goes to the Regional Improvement Commission, which the General Assembly established to distribute Bristol casino tax funds throughout Southwest Virginia.

The Problem Treatment and Support Fund receives 0.8% of total taxes — about $104,176 last month. The Family and Children’s Trust Fund, which funds family violence prevention and treatment programs, receives 0.2% of the monthly total, which was approximately $26,044 in January.

Construction began on the long-awaited $750 million casino on Friday. The remains a partner, but replaced Tennessee investor Jon Yarbrough. The entities have scrapped the name HeadWaters Resort & Casino.

In November 2024, more than 80% of Petersburg voters said yes to the city’s casino referendum.

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Construction kicks off on $750M Norfolk casino

After more than four years and amid shifting plans, construction has finally begun on ‘s new $750 million resort.

Norfolk Casino spokesperson Jay Smith confirmed that construction on the long-awaited project kicked off Friday near Harbor Park. While a ceremonial ceremony was held in October 2024, actual site work didn’t begin until last week.

The new resort will have a 45,000-square-foot amenity deck, 13,000 square feet of meeting space, 4,000 square feet of spa and gym space, 1,500 slot machines, 50 table games, a 200-room hotel, and eight food and beverage outlets.

Casino development partners Boyd and the plan to complete the project in 2027. Last month, they announced that Virginia Beach-based S.B. Ballard Construction and Mississippi-based Yates Construction — the companies that built will lead the resort’s construction.

Boyd expects to open a temporary facility late this year, with the permanent casino not opening until late 2027. The temporary casino has to be built and licensed by the Virginia State by November to meet a state deadline to retain the right for Norfolk to have a casino under the city’s 2020 casino referendum vote.

An earlier partnership between the Pamunkey tribe and Tennessee investor Jon Yarbrough fell apart, with Boyd Gaming replacing Yarbrough as the tribe’s development partner. In September, Norfolk City Council approved a development agreement between the city, the tribe and Boyd, and the new team scrapped the original HeadWaters Resort & Casino name.

Boyd Gaming operates 28 gaming properties in 10 states and is a 5% equity owner in FanDuel Group, a sports betting operator.

Three other casinos approved by voters in , and in 2020 have already opened, and in November 2024, Petersburg voters approved their own casino referendum, clearing the way for Cordish Cos.’ $1.4 billion Live! Casino & Hotel, set to be built on an undeveloped 100-acre site off Interstate 95 in Petersburg. Legislation to build a casino in Tysons appeared stalled during this year’s General Assembly session, however.

Bon Secours plans $370M expansion of Henrico hospital

Bon Secours Mercy Health plans to break ground this summer on a $370 million renovation and expansion of Bon Secours St. Mary’s in western , the hospital’s president said Friday.

“Since the hospital opened in 1966, this is the most transformative project that we’ve taken on,” Bryan Lee said in an interview with Virginia Business.

An addition of an eight-story tower will provide about 200,000 additional square feet to St. Mary’s, at 5801 Bremo Road, close to the city line. Work on the tower should begin in the fall, and it’s expected to open in late 2027 or early 2028.

Once the tower is complete, workers will move to renovate space in the current hospital. The project will have three sources of funding.

“There’s , our parent company, the strategic capital that they deploy,” Lee said. “There are the that are out there. We requested $600 million in bonds from the state of Virginia to be used between Richmond and . And then, the third piece is a capital campaign that we will launch this summer, and we’re doing that in tandem with our .”

Two of the floors in the tower will be shell space used for future expansions. The helipad, which is currently located in a parking lot, will be moved to the top of the tower.

“These patients will move faster and directly to the level of care they need,” with the helipad on the tower, Lee said. “This will be a more efficient, direct pathway.”

The expansion will help the hospital serve a growing population, he added, and the health system anticipates the market could grow as much as 5% over the next five years.

St. Mary’s serves as Bon Secours Mercy Health’s tertiary and quaternary market hub, which means it offers highly specialized care for very sick patients. “Even today, our occupancy is over 80% for critical care beds,” Lee said.

Currently, St Mary’s has 391 beds, and that will not change with the expansion. However, patients will all have private rooms, whereas today the hospital includes a mix of private and shared spaces.

Bon Secours Mercy Health projects the expansion will create the need for 375 new positions. Currently, St. Mary’s Hospital has 2,500 employees, according to Lee.

DPR , headquartered in California, is the project’s general contractor, and Perkins&Will of Chicago is the architecture firm handling design.

Bon Secours operates three hospitals and medical centers and one outpatient facility in Hampton Roads, and the Bon Secours Richmond Health System offers a network of seven acute hospitals, primary and specialty care practices, ambulatory care sites and continuing care facilities across a 24-locality region.

UVA Health resumes gender-affirming care after federal judge’s order

Updated Feb. 15

A federal judge in Maryland on Thursday issued a temporary restraining order that suspended President ‘s Jan. 28 banning gender-affirming medical care for people under the age of 19, impacting patients and hospitals across the country, including in Virginia.

‘s original order — as well as Virginia Attorney Gen. ‘ interpretation of it — led to a pause in transgender care for minors by UVA Health and in late January, but with the judge’s ruling Thursday, UVA Health said it has resumed treatment for minor patients.

“Now that a federal court has issued a temporary restraining order suspending the federal executive order on gender-affirming care, UVA Health will resume the provision of those services that were previously paused in response to the order,” the health system affiliated with the University of Virginia said in a statement Thursday. “UVA Health will continue to monitor legal developments in this case and provide our patients with the best care possible under Virginia and federal law.”

VCU Health at first issued a statement Thursday that it would be reviewing the order “to determine an appropriate course of action” while continuing the suspension of services, but on Friday evening, it sent out the following statement:

“VCU Health and Children’s of at VCU have received verbal guidance from the governor’s office that the Virginia attorney general’s prior directive that prohibits gender-affirming services outlined in the White House’s executive order still stands.

“Our doors have remained open, and will continue to be open, to all patients and their families for screening, counseling and all needs not affected by the executive order.

“We will continue to monitor developments and respond with a continued focus on our patients.”

-based Children’s Hospital of The King’s Daughters, which suspended the prescribing of hormone therapy and puberty blockers for gender-affirming care in February, did not respond to requests for comment Friday, but still had a notice posted on its website with the following statement: “CHKD is suspending hormone therapy and puberty blocker treatments for gender-affirming care per the White House Executive Order issued on January 28, 2025. We will remain vigilant in monitoring guidance related to this Executive Order and will be prepared to adapt rapidly if the situation changes.”

The hospital noted that it has never offered surgical treatments prohibited by Trump’s order.

Trump issued the executive order Jan. 28, and Miyares, a Republican, sent a memo to UVA Health and VCU Health on Jan. 30 advising the two publicly funded university-affiliated health systems that Trump’s executive order prohibits treating a person under 19 with puberty blockers or hormones such as androgen blockers, estrogen, progesterone or testosterone “to align an individual’s physical appearance with an identity that differs from his or her sex.”

Miyares also interpreted the order as prohibiting any surgical procedures that “attempt to transform an individual’s physical appearance to align with an identity that differs from his or her sex or that attempt to alter or remove an individual’s sexual organs to minimize or destroy their natural biological functions.”

Under state law, minor patients require parental consent to receive any of these treatments.

Miyares said in his memo that “any hospital or other institution … is at risk of losing” federal research or education grants, and “may involve Medicare or Medicaid conditions of participation/coverage.”

CHKD, as a private health system, did not hear directly from Miyares, but like many larger hospitals and health systems, it receives federal funding through Medicaid, which could have been at risk if the hospital had defied the president’s order. “Our determination is consistent with actions taken recently by our colleagues at UVA, VCU and other hospitals across the nation,” the Norfolk health system said in its statement Feb. 3.

CHKD’s website notes that Medicaid covers approximately 55% of its inpatient days, “the highest percentage by far of any acute care hospital in Virginia.” Also, CHKD “has a large annual shortfall between the costs we incur caring for Medicaid patients and the reimbursements we receive from Medicaid,” including $33 million in fiscal 2022.

A few days after Trump’s order took effect, a group of transgender youth, young adults and family members joined the ACLU, GLMA and PFLAG in a federal lawsuit challenging Trump’s executive order filed in a federal court in Maryland.

One 17-year-old plaintiff, Willow, and her mother live in Richmond; according to the lawsuit, Willow had a Jan. 29 appointment canceled at VCU Health, where she sought gender-affirming medical treatment with her mother’s permission.

U.S. District Judge Brendan A. Hurson ruled Thursday that the temporary restraining order will be in effect for 14 days, and that the plaintiffs and defendants must file status reports next week.

Norfolk eyes two former school sites for development

The city government is soliciting help to figure out how to transform two former school sites into significant assets that generate tax revenue.

The city government has sent out two Requests for Information asking professional development firms to provide insights on how it should develop the former Coronado School and former Madison School properties, which are now owned by the city.

The roughly 2.7-acre Coronado school property at 1025 Widgeon Road — recently appraised at $800,000 — is located in the Coronado neighborhood and is home to a 13,133-square-foot facility. The neighborhood is in the Sewells Point Corridor in central Norfolk and is a largely residential area of single-family .

Meanwhile, the 2.8-acre former Madison School site at 3700 Bowdens Ferry Road — appraised at $4.3 million — is located in the Neighborhood on the Hampton Boulevard Corridor, in western Norfolk. The property houses a 14,069-square-foot facility, originally built in 1962. The RFI describes Lamberts Point as “a historically diverse area of Norfolk” featuring a blend of single-family homes, retail spaces and the Lambert’s Point coal-exporting facility. The site is about a mile from , which enrolls around 23,000 students and is the fifth-largest employer in Norfolk.

Norfolk wants the firms to determine the best use of the properties, “maximizing legal, financial, and physical potential” and for the suggested uses to support the growth of the adjacent residential and commercial areas. The city asks the firms to clearly explain how they plan to develop the sites, devise a project timeline and explain how the city should fund the projects in their response.

The city wants the new uses of the properties to enhance the “social, economic, and cultural fabric” of the community. The RFIs also ask the firms to explain how the projects would benefit small, woman and minority-owned businesses. The city says the aim is to transform the properties into tax-producing assets. For the Coronado site, the city says it remains open to a wide range of residential uses, whereas for the Madison site, it says it is open to a wide range of both commercial and residential uses.

The city says the RFI process is for collecting information and gauging the interest of developers, with the insights gathered helping inform Norfolk’s strategies for developing the sites. Norfolk stresses the RFIs are not a competitive solicitation, and that the city will evaluate the responses solely for informational purposes and will not lead to the city awarding any contract.

However, the city says the information obtained in the process might inform the creation of a future competitive solicitation.

For both RFIs, the city says it must receive all responses no later than 4 p.m. Feb. 28.

City officials did not return requests for comment by press time.

Jan. housing inventory, prices increase in NoVa, Hampton Roads

Housing sales last month increased year-over-year in but dropped in , although and sales prices rose in both regions.

Northern Virginia

Home sales, prices and inventory in Northern Virginia rose year-over-year in January, according to data released Tuesday.

Last month, 833 homes sold in Northern Virginia, up 8% from January 2024 — the first time the region has had a year-over-year sales increase in January since 2021.

“The beginning of 2025 has reaffirmed the strength of Northern Virginia’s ,” CEO Ryan McLaughlin said in a statement. “With closed sales up and price growth remaining steady, buyers are actively engaging in the market despite fluctuating economic conditions.”

New pending sales, however, fell 9.7% from January 2024, to 933 units. According to NVAR, that decline indicates some buyers may be adjusting to changing affordability conditions as prices rise.

Inventory in January also showed signs of improvement, according to NVAR. The month’s supply of inventory (MSI) — a measure of how many months there would be homes on the market if no new inventory were added — increased to 0.92, up 25.1% from the same month last year.

January 2025 market statistics for Northern Virginia. Image courtesy Northern Virginia Association of Realtors

There were 1,261 on the Northern Virginia market in January, up 28.5% year-over-year. New listings, though, totaled 995 units, remaining below the five-year average.

Homes spent an average of 31 days on the market last month, a 6.9% increase from January 2024.

The median sold price last month was $685,000, up 5.4% compared with January 2024. In turn, the total sold volume was more than $698 million, up 19.2% year-over-year.

“While rising inventory is a welcome trend, the market remains dynamic,” McLaughlin said in a statement. “With steady price appreciation and strong overall demand, Northern Virginia continues to be an attractive destination for homeownership.”

NVAR reports home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church, and the towns of Vienna, Herndon and Clifton.

Hampton Roads

Housing sales in Hampton Roads dropped year-over-year in January, although inventory increased, according to data released Monday by the ().

Closed home sales in the region totaled 1,389 last month, down 5.51% from the 1,470 closed sales recorded in January 2024 and down from 1,901 in December 2024.

There were 1,748 pending sales in January, down from 1,765 in the same month last year but up from 1,662 in December 2024.

Active listings totaled 4,366 in January — a 23% year-over-year increase in homes for sale. In January 2024, there were 3,538 active listings, and in December 2024, there were 4,072 active listings. The MSI stood at 2.12, up from 1.72 last year and from 1.97 in December 2024.

January 2025 housing market data for Hampton Roads. Image courtesy Real Estate Information Network

“Additional inventory is always good for prospective homebuyers,” Barbara Wolcott with Berkshire Hathaway HomeServices RW Towne Realty, president of REIN’s board of directors, said in a statement. “Likewise, the increased number of homes can help drive down prices for buyers, which is especially helpful since mortgage rates continue to climb.”

The median sales price in Hampton Roads was $340,000 in January, up from $320,500 in January 2024 and $355,000 in December 2024.

Homes spent a median of 27 days on the market in January, down from the 32-day median recorded in January 2024 and from the 29-day median in December 2024.

Founded in 1969, REIN is a regional multiple listing service that covers an area stretching from Williamsburg east to Virginia Beach and south across the North Carolina border.

Status of federal agency’s lawsuit against Capital One unclear

A lot has happened since Jan. 20, as the White House employs “shock and awe” tactics at lightning speed. Among the consequences is the shutdown of the , a government watchdog over private industry.

Specifically, the CFPB’s pause in work leaves in question a major federal lawsuit against McLean-headquartered Capital One and its parent company, , filed in the U.S. District Court for the Eastern District of Virginia.

On Jan. 14, in the waning days of the Biden administration, the CFPB filed suit in federal court against the credit card giant and its holding company, alleging the companies cheated millions of out of more than $2 billion in interest payments.

The CFPB alleged that Capital One misled consumers about “high interest” accounts, claiming Capital One Financial illegally deceived consumers and that Capital One N.A. — a national bank and wholly owned subsidiary of Capital One Financial — violated the Truth in Savings Act by falsely representing the 360 Savings accounts as providing a variable interest rate that was “one of the nation’s” “top,” “best” and “highest” and that customers would earn much more interest than with the average savings account.

Capital One responded with a statement last month following the filing: “We are deeply disappointed to see the CFPB continue its recent pattern of filing eleventh-hour lawsuits ahead of a change in administration. We strongly disagree with their claims and will vigorously defend ourselves in court.”

Just over a week later, Donald Trump entered office and since then has issued dozens of executive orders, some of which shut down entire government agencies, including the CFPB. The bureau’s director, Rohit Chopra, was fired, and Trump named Office of Management and Budget Director Russell Vought as its acting director on Friday, Feb. 7.

Over the weekend, the agency, which has a mission to protect consumers in the financial sector, reportedly sent multiple missives to workers telling them that its Washington, D.C., headquarters were closed and that they should not do any work.  On Monday, the White House issued a news release calling the CFPB, which was created by Congress in 2010 in response to the 2008 banking crisis, a “woke, weaponized arm of the bureaucracy that leverages its power against certain industries and individuals disfavored by so-called ‘elites.’”

“Under the administration of President Donald J. Trump, the weaponization ends right now,” the release stated.

What that means for the lawsuit

CFPB’s case against Capital One remains on the docket at the U.S. District Court of the Eastern District of Virginia’s Alexandria courthouse. However, several legal experts have speculated publicly that any CFPB enforcement actions will be shut down.

On Feb. 4, attorneys representing CFPB filed a request for an emergency motion for a temporary stay of deadlines related to whether the case should be consolidated with a class-action multidistrict lawsuit brought by Capital One 360 Savings accountholders “to promote consistency with the goals of the new Administration.”

A judge denied the motion for a temporary stay and gave the CFPB until Friday to file its position on consolidation.

“I’m very curious to see what happens tomorrow and how the bureau is going to proceed, because they’re in a court that moves very quickly and they want to know the CFPB’s position about how they’re going to move forward, but it doesn’t seem like they’re really willing to accommodate too many extensions to hear from the CFPB about that,” explained Erin Witte, the director of consumer protection for the Consumer Federation of America (CFA), a Washington, D.C., association of nonprofit consumer organizations.

Witte shrugged off the fact that the lawsuit was filed in the final days of the Biden administration.

“It’s clear Capital One intentionally steered their customers out of a product that would have paid them more money, and they did it in a way that made it difficult for their account orders to figure out that that was even happening,” she said. “I mean, this is not a political football. This is a pretty clear violation of law when you read the allegations.”

Neither attorneys representing Capital One Financial in the lawsuit or the company’s spokespeople or the media office for the CFPB responded Thursday to requests for comment.

U.S. Sen. Mark Warner, Virginia’s senior Democratic senator, said Thursday in a media availability that he doesn’t follow individual actions filed by the CFPB, when asked about the Capital One lawsuit.

“In certain areas, I think they were very aggressive,” Warner said. “I have no problem with CFPB doing its job, but do it the way where you try to work with the litigant first.”

Warner pointed to the CFPB’s report that it has returned billions of dollars to consumers through law enforcement activity since its creation.

“What I do have the problem with is an organization that’s returned over $20 billion to consumers because of fraud, because of rip-off scams, arbitrarily being shut down with no warning,” he said. “I mean, what happens if it’s the FBI next? What happens if it’s…. [the] Environmental Protection Agency, just because it’s in the political crosshairs of some of the very wealthy folks who make up the Trump administration.”

Warner said that if President Trump wants to reform CFPB or any federal entity, he should present his ideas to the U.S. Congress, rather than taking unilateral action.

“Then we can try to come to agreement,” Warner said. “What we can’t come to is by executive fiat and a stroke of a pen, this president dismantling wide swaths of government that have broad bipartisan support. That’s just not the way the Constitution and system works.”

The CFPB’s shutdown comes amid fast-moving agency takeovers by Trump adviser , the world’s richest man and head of the newly created Department of Government Efficiency, or DOGE. Although some federal judges have put injunctions in place, and his DOGE aides have received access to sensitive federal data, including personal and financial information of the nation’s more than two million federal workers.

Trump has given Musk the authority to cut the federal workforce and spending in many sectors, although the U.S. Post Office, military branches and border enforcement are mostly immune to .

In the Feb. 10 press release, the Trump White House made several claims about the CFPB, including that in the waning hours of the Biden administration, “it gave itself the authority to regulate Americans’ checking accounts by dictating government price controls and unilaterally buried $50 billion in medical debt.”

That was in reference to the CFPB’s finalizing a rule in January under Biden that would keep medical debt from being included on credit reports. It was set to take effect in March. However, an executive order issued by Trump paused all rulemaking activity for 60 days.

Pushback on CFPB’s closure

The CFA issued a press release Sunday noting Congress transferred consumer financial protection functions to the CFPB when it formed. “Unless Congress passes legislation, the suspension of supervisory work by the CFPB will not result in those responsibilities being returned to the agencies that formerly had them,” the association stated.

“The CPFB was created after excessive risk-taking by financial companies, many of whom were not supervised by a federal regulator, crashed our ,” Adam Rust, CFA’s director of financial services, said of the CPFB’s shuttering in a statement. “Millions of people lost their , work, savings, and businesses. It was created to protect people, not empower Elon Musk. If this administration chooses to cover its eyes from the facts, people will be put in harm’s way. This is a free pass for financial institutions to take advantage of consumers.”

The National Treasury Employees Union filed two federal lawsuits Sunday against Vought, alleging that “the administration has unlawfully trampled the power of Congress to create a that it deemed necessary to protecting American consumers” and that the CFPB violated the Privacy Act by disclosing employee records to the U.S. Department of Government Efficiency.

Associate Editor Katherine Schulte contributed to this article. 

Peraton taps new senior vice president of talent acquisition

Reston-based has selected to be its new senior vice president of talent acquisition.

Pittman, who has almost three decades of experience in talent management and recruiting, made the announcement in a post on LinkedIn, saying she’s “grateful to friends and family for their unwavering support during this transition.”

According to Peraton, Pittman will oversee strategy development, hiring, onboarding and redeployment functions and establish operational metrics to support the company’s business growth objectives.

Pittman comes to the new role after leaving Vistant, formerly PM Consulting Group, where she served as chief people officer. She previously worked at Leidos, where she was responsible for human resources and management and development efforts.

Other roles Pittman has worked in include senior vice president of talent strategy and human resources at 1901 Group, managing partner at Jackson Business Consultants, vice president of human capital & compliance at Verato, and more than a decade at SRA International.

Pittman has a bachelor’s degree in political science from Florida State University.

Owned by Veritas Capital, Peraton purchased Chantilly-based IT contractor Perspecta and Northrop Grumman’s federal IT and mission support services businesses in 2021 for a total of $10.5 billion. In 2023, Peraton moved its headquarters, which serves as a hub for 5,000 of the company’s 19,000 employees, from Herndon to .

In September 2024, Steve Schorer was named Peraton’s chairman, president and CEO, replacing Stu Shea.