🗞️10,000 layoffs at health agencies

March 27th, 2025

What happened today 🇺🇸,

• The U.S. Department of Health and Human Services announced it is cutting 10,000 full-time employees across various health agencies in a restructuring effort

• Congressional Democrats plan to introduced legislation called the Special Government Employees Transparency Act of 2025 in hopes of getting Elon Musk to publicly disclose his finances

• Federal law enforcement officers arrested a major leader of the MS-13 gang in Virginia

• President Trump said he may reduce tariffs on China to help get a deal done for the sale of TikTok by its owner ByteDance…Trump also said he was willing to extend the April 5th deadline for a non-Chinese buyer to acquire the app

• The White House has announced they will leave House Rep. Elise Stefanik (R-NY) in Congress and pull her nomination as UN ambassador

• The federal judge overseeing the lawsuit over the Trump administration's Signal chat debacle has ordered government agencies to preserve Signal messages about the Houthi military strike

• The trading app Robinhood will offer checking and savings accounts later this year as well as AI-assisted wealth management, tax advice, and cash delivery services to become a one-stop shop for consumer financial needs

• OpenAl is close to finalizing a $40 billion funding round at a $300 billion post-money valuation led by Japan’s SoftBank

• U.S. jobless claims for the week ending March 22nd came in at 224k, down 1000 from the previous week and below the expectations of 225k

• Gold prices reached an all-time high today of $3,100 per ounce

• DOW down .37% / S&P down .33%

• The U.S. is pushing to control all major future infrastructure and mineral investments in Ukraine

Plus: An encouraging post about the mental health of kids in the U.S.

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Have a great night!

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