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Wednesday, 19 March 2025

Why no love for federal workers?

06:28

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Also: The Fed meets on interest rates ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Mar 19 2025

 

Daniel de Visé Personal Finance Reporter

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 .

📰 More stories you shouldn't miss 📰

Health risk from infant formula
How to use your tax refund
Another DEI boycott is coming
Tariffs and auto insurance
These states don't tax Social Security

About The Daily Money

Each weekday, The Daily Money  delivers the best consumer and financial news from USA TODAY, 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.

Elon Musk waving a chainsaw presented to him by Argentine President Javier Milei, right, at the Conservative Political Action Conference (CPAC) on Feb. 20, 2025.

Why all the hate? President Trump and Elon Musk are stoking long simmering resentment of "big government" and federal employees.

FILE PHOTO: A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024.
 

What decision will Fed make on interest rates? Here's the latest.

The Federal Reserve is widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March meeting.

Planes wait to takeoff on Jan. 11, 2023, at Phoenix Sky Harbor International Airport.
 

After 15,000 close calls at one airport, FAA made this major change

NTSB flagged the dangers of mixed-used airspace in DCA after the fatal crash. Are those common in the US?

Woman preparing infant formula at table indoors, closeup. Baby milk
 

Study shows some infant formulas could pose health risks

A Consumer Reports investigation has found that some infant formulas contain potentially harmful levels of lead and arsenic.

Top view of car insurance claim form with car key and car toy on desk. High quality photo
 

Tariffs will increase car parts, but also auto insurance

Tariffs aren't just going to increase the price of some goods. It will also increase the cost of some services.

Someone holding a pen while looking over different papers.
 

41 states that don't tax Social Security benefits

Social Security recipients will be happy to hear that most states do not tax benefits.

The Nestlé logo as seen on their Swiss headquarters in 2024.
 

Nestlé boycott over DEI starts Friday. See how it differs from Target

Nestlé products are next up following boycotts of Amazon and Target over DEI policy rollbacks. Here's a look at the brands Nestlé owns.

Person holding cash, dollar bills of various amounts spread out as a display of money.
 
For subscribers

Fun or frugality? Here are the best ways to use your tax refund

Many Americans are in line to receive a refund from the IRS this tax season. Here are the best ways to put that money to use.

The Yahoo! company logo appears on the old New York Times building, formerly occupied by the tech company, as it undergoes refurbishment in New York City, U.S. March 2, 2023.
 

Afraid of a data breach? Don't give it up in the first place.

Data breaches have delivered so much information to the dark web, protecting your identity might feel hopeless. But it's still a good idea.

USA TODAY
 

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