logo
Social Security Administration acting commissioner steps down

Social Security Administration acting commissioner steps down

CBS News18-02-2025
Social Security Administration Acting Commissioner Michelle King has stepped down from her role at the agency, a Trump administration official confirmed to CBS News.
King was replaced by Leland Dudek, who oversaw the SSA fraud investigation office, and then she resigned, according to this official.
White House spokesperson Harrison Fields on Monday wrote on social media about the news, "President Trump has nominated the highly qualified and talented Frank Bisignano to lead the Social Security Administration, and we expect him to be swiftly confirmed in the coming weeks. In the meantime, the agency will be led by a career Social Security anti-fraud expert as the acting commissioner."
The White House did not provide a specific reason for King's departure. CBS News has reached out to the SSA for comment.
Nancy Altman, the president of the advocacy group Social Security Works, told CBS News they heard from SSA employees that officials from the Department of Government Efficiency, or DOGE, had been trying to get access to the Enterprise Data Warehouse — a centralized database that serves as the main hub for personal, sensitive information related to social security benefits such as beneficiary records and earnings data. Altman was told King had been resistant to giving DOGE officials access to the database.
"She was standing in the way and they moved her out of the way. They put someone in who presumably they thought would cooperate with them and give them the keys to all our personal data," Altman said,
The Washington Post first reported King's departure.
King's exit from the administration is one of several departures of high-ranking officials concerned about DOGE staffers' potential unlawful access to private taxpayer information.
DOGE has accessed Treasury payment systems and is attempting to access Internal Revenue Service databases.
Since Mr. Trump has retaken the White House, his billionaire adviser Elon Musk and DOGE have rapidly burrowed deep into federal agencies.
Altman told The Associated Press, "There is no way to overstate how serious a breach this is. And my understanding is that it has already occurred."
"The information collected and securely held by the Social Security Administration is highly sensitive," she said. "SSA has data on everyone who has a Social Security number, which is virtually all Americans, everyone who has Medicare, and every low-income American who has applied for Social Security's means-tested companion program, Supplemental Security Income."
"If there is an evil intent to punish perceived enemies, someone could erase your earnings record, making it impossible to collect the Social Security and Medicare benefits you have earned," she said.
The future of Social Security has become a top political issue and was a major point of contention in the 2024 election. About 72.5 million people, including retirees, disabled people and children, receive Social Security benefits.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oh no! Hypocritical celebrities abandon US, blaming Trump. What will we do now?
Oh no! Hypocritical celebrities abandon US, blaming Trump. What will we do now?

USA Today

time20 minutes ago

  • USA Today

Oh no! Hypocritical celebrities abandon US, blaming Trump. What will we do now?

If celebrities, or anyone else, want to flee the US because a Republican is president, by all means, good riddance. I've never been so mad at a political party or a politician that I felt like leaving my country. I love America too much to even consider it. But a slew of celebrities have done that. Late night talk show host Jimmy Kimmel just announced during an appearance on the "The Sarah Silverman Podcast" on Aug. 7 that he obtained Italian citizenship. Kimmel alluded that President Donald Trump and the political climate he's created were contributing factors. It's not clear if Kimmel plans to move to Italy full time. "What's going on is as bad as you thought it was going to be," Kimmel said to Silverman during the podcast. "Way worse," Silverman said. "It's so much worse. It's just unbelievable," Kimmel said about America's political climate. "Like I feel like it's probably even worse than he would like it to be." Kimmel joins other celebrities who fled America and blame Trump Kimmel joins several high-profile celebrities who have sought refuge elsewhere because of Trump. It's a fascinating example of how self-aggrandizement, celebrity and perception do not always equate to reality, common sense and gratitude. If anything, it fuels hypocrisy. People magazine reported in 2024 that the comedian and former daytime talk show host Ellen DeGeneres and her wife, Portia de Rossi, had moved to England. DeGeneres confirmed in July that Trump's return to the White House prompted her move across the Atlantic. In March, comedian Rosie O'Donnell announced in a TikTok video that she moved to Ireland with her child. She's working on obtaining Irish citizenship. In the video, she said she moved because she didn't think she'd have equal rights under Trump. If these celebrities' ties to our nation were so weak that they could be severed because Americans elected a Republican president, how much did they care about the United States to begin with? Were they ever really freedom-loving Americans? Subscribe to my newsletterhere and get exclusive access to columns like this one – before anyone else Celebrities who abandon the US are hypocrites Celebrities are often hypocritical when it comes to their real lives, political beliefs and their careers. They'll claim they're anti-gun but make films with jarring violence and hire armed security for themselves. They'll tell other Americans how to vote − and it's mostly for Democrats − but live a lifestyle free of the economic and financial pressures that regular Americans face. Celebrities such as Miley Cyrus, Amy Schumer, Cher and Whoopi Goldberg threatened to leave America if Trump got elected in 2016, but they are still here. Perhaps they at least realize how silly it is to abandon their country because millions of their fellow citizens democratically elected a Republican into office. Perhaps they realized how hypocritical it was to live a life of luxury, thanks to America's free market principles, and then spit in its face because an election didn't go the way they wanted. When O'Donnell says she fled to Ireland out of fear that Americans like her would lose their rights, what does that really mean? Trump has signed no executive orders and Congress has passed no laws that strip any Americans of their fundamental rights. Federal anti-discrimination laws remain in place to protect all Americans, including the LGBTQ+ community. It's strange for someone like Kimmel, with a reported net worth of about $50 million, to flee the United States because of a supposedly difficult political environment. He still has a platform on network TV to ridicule Trump and other conservatives who don't support Kimmel's ultraprogressive opinions. Trump, meanwhile, is doing what 77 million voters said they wanted in November. He's secured the southern border, brought illegal immigration under control, bolstered the economy and is working to secure peace in the Middle East and Ukraine. If celebrities, or anyone else, want to flee the United States because a Republican is president, by all means, good riddance. If they can't appreciate the country that paved the way for their wealth and fame, and they want to believe they are victims of a difficult political climate, they deserve to wallow in their hypocrisy in a country that is a distant second to America's greatness. Nicole Russell is a columnist at USA TODAY and a mother of four who lives in Texas. Contact her at nrussell@ and follow her on X, formerly Twitter: @russell_nm. Sign up for her weekly newsletter, The Right Track, here.

Donald Trump's Approval Rating Surges After Putin Summit
Donald Trump's Approval Rating Surges After Putin Summit

Newsweek

time21 minutes ago

  • Newsweek

Donald Trump's Approval Rating Surges After Putin Summit

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. U.S. President Donald Trump's approval rating surged after his summit with Russian leader Vladimir Putin. According to polling by InsiderAdvantage, 54 percent of voters said they now approved of the president while 44 percent disapproved. Trump's net +10 percent approval rating is an increase from the publication's last poll in July, which gave him a net +2 percent approval rating—with 50 percent of respondents approving and 48 percent disapproving. Why It Matters Approval ratings are useful in providing a snapshot of the electorate's response to key policies and developments in Trump's presidency. During his presidency, Trump's popularity has fluctuated. Maintaining broad support will be important for the president and the Republican Party more widely, particularly when voters head to the polls for the November 2026 midterms. Russian President Vladimir Putin, left, and U.S. President Donald Trump talk at Joint Base Elmendorf-Richardson, Alaska, on August 15. Russian President Vladimir Putin, left, and U.S. President Donald Trump talk at Joint Base Elmendorf-Richardson, Alaska, on August 15. AP Photo/Julia Demaree Nikhinson What To Know Trump hosted Putin in Alaska for a summit on Friday during which they spoke for two and a half hours to try to broker a ceasefire deal to end Russia's war with Ukraine. Critics have said Trump conceded too much to Putin and took umbrage with the talks ending without an agreement. Despite this, the new polling indicates the talks have boosted Trump's approval rating. InsiderAdvantage's survey was conducted between August 15 and 17. It had a margin of error of plus or minus 3.09 percentage points. The poll also suggests Trump is faring better than in other recent polls, which showed declining support for the president. According to a YouGov poll for British newspaper The Times, the proportion of people who disapproved of Trump's job performance increased from 52 percent in April to 57 percent in July. Newsweek analysis also found that Trump's approval rating was positive in 18 of the states he won in the 2024 election and negative in 13. What People Are Saying InsiderAdvantage pollster Matt Towery said in his analysis: "Donald Trump now has an advantage among every age group other than the most senior of voters. He has improved his numbers among African-Americans and Hispanic-Latinos. White voters are at a near record 64 percent. Voters under 65 years of age now approve of his job performance by wide margins. Only the nation's oldest voters disapprove of his job performance, which is consistent with our prior surveys. Overall, his approval numbers are surging upwards post-summit." U.S. President Donald Trump wrote on Truth Social after the summit: "The Fake News has been saying for three days that I suffered a 'major defeat' by allowing President Vladimir Putin of Russia to have a major Summit in the United States. Actually, he would have loved doing the meeting anywhere else but the U.S., and the Fake News knows this. It was a major point of contention! If we had the Summit elsewhere, the Democrat run and controlled media would have said what a terrible thing THAT was. These people are sick!" What Happens Next Trump's popularity is likely to continue oscillating throughout the remainder of his presidency. Meanwhile, he has discussed plans to secure a trilateral meeting with Putin and Ukrainian President Volodymyr Zelensky. He is also meeting with European leaders, including Zelensky, at the White House on Monday.

Chinese Stock Index Rises to Decade High as Investors Dump Bonds
Chinese Stock Index Rises to Decade High as Investors Dump Bonds

Yahoo

timean hour ago

  • Yahoo

Chinese Stock Index Rises to Decade High as Investors Dump Bonds

(Bloomberg) -- A gauge of Shanghai-listed stocks closed at its highest level in a decade, as cash-rich local investors plow into a market that has surged amid easing trade tensions with the US. The Shanghai Stock Exchange Composite Index jumped 0.9% to close at 3,728 on Monday, its strongest finish since August 2015, according to Bloomberg-compiled data. That cements a 20% turnaround since an April selloff, when US President Donald Trump's sweeping tariffs roiled global markets. Trump extended a tariff truce with China last week. The US-Canadian Road Safety Gap Is Getting Wider A Photographer's Pipe Dream: Capturing New York's Vast Water System Festivals and Parades Are Canceled Amid US Immigration Anxiety A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Princeton Plans New Budget Cuts as Pressure From Trump Builds The rally reflects a rising sense of optimism among small investors, flush with near record-high savings and increasingly rotating out of bonds. Those investors were scarred a decade ago, when a precipitous stock market crash led Beijing to unleash state-backed funds to prop up share prices and left a bitter memory for many investors. There have been false dawns since then, but over the past decade Chinese stocks onshore have badly underperformed benchmarks of shares in the US, Asia and even Europe, long considered a global laggard for equity investors. Fund managers in China are now hoping that the current rally has enough behind it — ranging from hopes about artificial intelligence to government moves to bolster growth — to stand the test of time. 'We're confident that this rally has legs,' said Wang Huan, a fund manager at Shanghai Zige Investment Management Co. Ltd, pointing to sources of optimism including abundant liquidity, government moves to stem price wars and hopes that China's economy is bottoming out. China's stock market has been helped by investors shifting their investments from fixed income, as they scale back expectations of monetary easing and respond to Beijing's decision to restart taxes on interest payments made on government bonds or those of financial institutions. China's 10-year bond yield was up four basis points at 1.78% on Monday, while 30-year yields were around six basis points higher at 2.11%. The country's 30-year bond futures suffered their biggest drop since March. The latest monetary policy report from China's central bank showed policymakers are in no rush to aggressively ease. The Shanghai Composite remains a long way from the heady days of 2015, when a leverage-induced buying spree pushed the index as high as 5,166 before the bubble burst. The all-time high was set in October 2007. Trade Tensions Ease The buzz in China's share market is a stark change from just a few months ago, when fears that the world's two largest economies were entering a prolonged — and painful — trade war rattled markets around the world. The rally is part of a global rise in share prices: Stocks in the US and Indonesia set new highs last week, helping push an MSCI index of global equities to a record. The recovery in China's stock market has led to a frenzy of trading activity. Turnover on mainland exchanges was more than 2.7 trillion yuan ($376 billion) on Monday, the second highest turnover ever following an Oct. 8 peak, according to Bloomberg-compiled data. That followed mainland Chinese traders buying a record HK$35.9 billion ($4.6 billion) worth of stocks in Hong Kong on Friday, as the risk-on mood in mainland equities spilled over across the border. There has also been a surge in loans for stock purchases, a sign that investors are taking on leverage to join the rally. The amount of margin debt taken out to buy stocks climbed to the highest level since 2015 last week, and is now about 10% away from hitting an all-time high. Other policy tweaks have helped direct investors to local stocks. China strengthened its oversight of taxes on overseas stock trading gains, and said it will subsidize interest payments on eligible personal consumer loans. The Shanghai index's 11% gain this year has beaten the CSI 300 Index, another closely watched onshore gauge which is up around 8%. A bigger weighting of high-performing bank stocks in the Shanghai Composite has helped drive the outperformance, in large part due to buying by insurance funds. --With assistance from Julia Zhong. (Updates stock and bond prices. Adds details of latest central bank policy report.) What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates Living With 12 Strangers to Ease a Housing Crunch Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan How Syrian Immigrants Are Boosting Germany's Economy ©2025 Bloomberg L.P.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store