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🗞️Closing The Education Department?
...also increased egg prices and a slowing job market

February 4th, 2025
What happened today 🇺🇸,
The White House is preparing an executive order to begin the process of eliminating the Department of Education, however Trump needs Congressional approval to fully shut it down
About 20,000 federal employees have taken the Trump Administration’s “buyout” option that was offered last week, the offer is available until Thursday so that number could still rise
All 67 bodies have been recovered from the plane crash in Washington D.C. last week
President Trump is expected to attend the Super Bowl this weekend in New Orleans
The Senate has officially confirmed former House Rep. from GA, Doug Collins, to lead the Department of Veterans Affairs
The JOLTS job report today showed job openings dropped sharply to 7.6 million in December below the 8 million expected, a sign the labor market may be slowing
Waffle House is adding a 50-cent per egg surcharge to counter the rising costs of eggs due to the bird flu that has caused an egg shortage
Fox Corp. is planning to launch a new stand-alone subscription-based streaming service that will have news and sports content by the end of 2025
Salesforce will cut 1,000 jobs and at the same time will be hiring people for sales roles to sell their new AI products
The SEC has launched new Crypto Task Force website to provide clarity for crypto laws
DOW up .30% / S&P up .72%
El Salvador’s President has offered to jail, in their prisons, dangerous American criminals and accept deportees from of any nationality in exchange for a fee
Trump hosted Israeli PM, Netanyahu, this evening at the White House… for live updates on the meeting and the video of the post meeting press conference click here
Bonus: A cool look at the most popular news subscriptions worldwide… The Simple American will soon pass them all 💪🏻🇺🇸

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Quote of the day: “Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” — Ronald Reagan
Have a great night!
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