🗞️Federal Workers Receive Buyout Option

...also a manhunt underway in North Carolina

January 29, 2025

January 29th, 2025

What happened today 🇺🇸,

Trump administration offering buyouts to nearly all federal workers

The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide "deferred resignation" program.

www.cnbc.com/2025/01/28/trump-buyouts-federal-workers.html

  • The Trump Administration has offered federal employees who do not want to return to the office a buyout opportunity in which if they resign they will be paid until September, the White House expects 5-10% to accept the buyout offer

  • The Federal Reserve Chair, Jay Powell, has announced today that interest rates will stay put at their current level and remain unchanged which was expected

  • U.S. students test scores in reading and math remain below pre-pandemic levels, students in 4th and 8th grade saw reading skills reach their lowest level since the testing began in 1992…read more here 

  • Trump has officially signed the Laken Riley Act into law and has also announced he is directing the opening of a detention center at Guantanamo Bay for illegal immigrants who can’t be returned to their home country

  • A manhunt is underway for North Carolina inmate, John Matthew Nigh, who escaped through the jail's ventilation system

  • Former Senator Bob Menendez (D-NJ) has been sentenced to 11 years in federal prison over bribery and corruption charges

  • The Trump administration rescinded a memo freezing spending for many federal grants and loans

  • Elon Musk has been nominated for the 2025 Nobel Peace Prize

  • The bankrupt Spirit Airlines has rejected another offer from Frontier Airlines to merge the two companies 

  • DOW down .31%/ S&P down .47%

  • The governor of the Czech Republic’s central bank wants to put billions of Euros of its reserves into Bitcoin, per Financial Times

  • Israeli Prime Minister, Netanyahu, will come to the U.S. and meet with Trump on February 4th, he will be the first foreign leader to meet with Trump since his inauguration

Bonus: A look at America’s richest politicians

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Have a great night!

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