The Daily Money: Why no love for federal workers?
Good morning! It’s Daniel de Visé with your Daily Money.
Gerald Krygier is cheering from the sidelines as Elon Musk’s Department of Government Efficiency takes a chainsaw to government bloat.
A secondary teacher from Fort Collins, Colorado, Krygier says the government moves too slowly, employs too many people and squanders his tax dollars. As for the tens of thousands of government employees fired or in limbo, Krygier doesn’t have much sympathy.
He is one of many. From the conservative grassroots Tea Party to the MAGA movement, Americans have long expressed deep resentment about the power the government wields over their daily lives.
Will the Fed lower interest rates?
The Federal Reserve is widely expected by economists to leave interest rates unchanged Wednesday at the conclusion of its March meeting. That does not mean all is quiet in the U.S. economy.
The Fed typically raises rates when inflation is high, and lowers them when the economy is slowing. Right now, amid President Donald Trump's unfolding tariff campaign, the central bank faces the prospect of both things happening at once.
What is mixed-use airspace?
The deadly midair collision near D.C. has prompted calls for stricter airspace rules.
The National Transportation Safety Board’s preliminary report into the fatal collision between an Army Black Hawk helicopter and an American Airlines regional jet in January contained the recommendation that the Federal Aviation Administration permanently restrict helicopter flights around Ronald Reagan Washington National Airport.
Some travelers were left wondering about other parts of the national airspace where commercial flights and other kinds of aircraft can be in proximity.
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About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.