Education Department cutting nearly 50% of workforce

The Department of Education on Tuesday announced it is cutting its workforce by nearly 50% as the Trump administration proceeds with its plans to dismantle the agency. “Today’s reduction in force reflects the Department of Education’s commitment to efficiency, accountability, and ensuring that resources are directed where they matter most: to students, parents, and teachers,”

White House Defends Economic Policies Amid Rising Anxiety

Trump’s economic policies will lead to long-term economic gains, and the recent stock market turmoil is temporary growing pain, the press secretary says. In the face of waning consumer and business confidence, White House Press Secretary Karoline Leavitt said on March 11 that the Trump administration’s economic policies would lead to long-term economic gains and

Lutnick says Trump’s policies are “worth it” even if they lead to recession

Washington — Commerce Secretary Howard Lutnick defended President Trump’s economic policies Tuesday, saying they are “worth it” even if they lead to a recession.  “These policies are the most important thing America has ever had,” Lutnick told CBS News in an interview when asked whether they would be worth it if they lead to a

Commerce secretary says Trump’s policies are “worth it” even if they lead to recession

Commerce secretary says Trump’s policies are “worth it” even if they lead to recession – CBS News Watch CBS News President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard Lutnick, who brokered the truce with the

Department of Education to Cut Half Its Workforce

The cost-saving measures also include closing all offices in places including New York, Boston, Dallas, Chicago, and San Francisco. The U.S. Department of Education on March 11 announced that 1,315 employees—about half its workforce—will be laid off within 90 days as part of its ongoing cost-saving measures. A senior official told reporters in a press