In a bustling round-up of recent news, President Trump announced himself as the new chairman of the Kennedy Center board while planning to eliminate the penny and declare "Gulf of America Day." Federal workers are under pressure to accept a "deferred resignation" offer, impacted by court outcomes. The new OMB head Russell Vought has initiated the shutdown of the Consumer Financial Protection Bureau, raising concerns among consumer advocacy groups, notably causing a lawsuit by the National Treasury Employees Union. Other updates include potential tariffs on steel and aluminum, affecting market conditions.
Today could be the new deadline for federal workers to accept the administration's "deferred resignation" offer, but that depends on what happens in court.
New OMB head Russell Vought effectively shut down the Consumer Financial Protection Bureau this weekend. The agency helped a lot of consumers.
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