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Tag: savings

HUD Sec. Scott Turner Launches DOGE Task Force, Already Finds $260 Million in Savings

The U.S. Housing and Urban Development Agency (HUD) has launched the Department of Government Efficiency (DOGE) task force, which already identifies $260 million in savings. Scott Turner announced. Turner, who was it? Confirmed As the Senate President Donald Trump chose to lead the HUD on February 5, he said he plans to launch a Doge […]

Score huge savings during the HexClad Big Game Sale

Cook professional-level meals in hex pots, pans and knives now on sale. (istock) This year, Hexclad has released its first Super Bowl commercial starring Pete Davidson, Gordon Ramsay and adorable animated alien cast (Fox is an investor in Hexclad). To celebrate, the brand has launched a test kitchen in Area 51. It features a hexagonal […]

GOP leaders downplay Medicaid cuts as they seek $2T in savings

House Republican leaders on Tuesday downplayed the possibility of cutting Medicaid benefits as they seek a settlement bill with savings of up to $2 trillion. Speaker Mike Johnson (R-LA.) and majority leader Steve Scullies (R-LA.) said that discussion-based changes to Medicaid include reductions in labor requirements and fraud. He tried to reassure the public. Cuts […]

DOGE announces more than $1B in savings after canceling 104 federal DEI contracts

The new federal government announced on Friday that taxpayers will save more than $ 1 billion through the abolition of 104 diversity, fairness, and inclusive (DEI) contracts. On Wednesday, DOGE recorded 85 “DEIA” contracts from 25 federal agencies. According to DOGE's news release, by Friday afternoon, the number has grown to a total of 1,000,060,792 […]

‘I don’t even think it’s the cost savings’ 

Vice President JD VANCE said on Wednesday, the “most important” aspect of the newly formed government efficiency bureau (DOGE), the ability of Program to identify a bureaucratic hurdle that Trump responded to national needs. I claimed that. “DOGE saves money. We have already identified a lot of costs,” Vance said in an interview with Fox […]

Pulaski Savings Bank fails, Millennium Bank assumes deposits – American Banker

Pulaski Savings Bank, a Chicago-based community bank with $49.5 million in assets, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance Corporation was appointed receiver, and all of the bank's $42.7 million in deposits were transferred to nearby Des Plaines Millennium Bank in Illinois. “Millennium Bank has […]

Consumer bureau sues Capital One for 'cheating' customers on savings account interest

The government's consumer watchdog group sued Capital One on Tuesday, accusing it of “defrauding” customers of billions of dollars in interest. Consumer Financial Protection Bureau (CFPB) Accusing big banks Despite promising the “highest'' and “highest'' interest rates in the country, interest rates on 360 savings accounts will be frozen at a low level due to […]